Use the following information to respond to the next four multiple choice questions. Firm R currently has $1,000,000 of debt outstanding with a before tax annual Coupon of . EBIT of $1,800,000 and 45 s.tlt n t a market price of $24,00. e Considering issuing $1,000,000oebi at a post-announcement market price. If this plan is implemented, it is expected that the required return on equity would rise to 9.5%. The firm's marginal tax rate is 34%. 31. Required information What is the market value of the firm before the announcement of the issue of the new debt? O $12.390.000 O $13.334.000 O $12.862.000 O $11.800,000 32. Required information What is the estimated value of the firm after the new debt issue? O $13,671,579 O $15,448,884 O $14,902,021 O $14,355,158 33. What is the estimated share price after the capital structure change? O $31.82 O $29.57 $28.16 O$30.69 34 How many shares remain outstanding after the capital structure change? 435,212 shares 451,791 shares 468,371 shares 414,487 shares O2019 M