Taunton's is an all-equity firm that has 152,500 shares of stock outstanding. The CFO is considering borrowing $251,000 at 7 percent interest to repurchase 21,500 shares. Ignoring taxes, what is the value of the firm? $1,865,127 $2,191,199 $1,780,349 $2,034,684 $2,300,758