Remaining Time: 1 hour, 03 minutes, 05 seconds. Question Completion Status: A Moving to another question will save this response. Question 14 of 30 Question 14 1 points Save Answ "The market value of equity of the Paratrooper Corp. is $150 million. It has 1M shares outstanding, no debt and its cost of equity is currently 10%. The firm plans to issue $50 million of perpetual debt at 3% interest rate. The proceeds will be used to repurchase an equal value of equity shares. The tax rate is 30%. What will be the new share price?" $174 $171 $165 $150 O $168 Question 14 of 30 > A Moving to another question will save this response. * 6:53 PM Tuesday