SONGYOON Inc., a zero growth firm, has an expected EBIT of $100,000 and a corporate tax rate of 30%. SONGYOON uses $500,000 of 12.0% debt, and the cost of equity to an unlevered firm in the same risk class is 16.0%. Refer to the data for SONGYOON Inc. What is the value of the firm according to Modigliani and Miller with corporate taxes? $332.500 $441,500 $587,500 $903,500 $503,100