XYZ is a levered firm with expected perpetual EBIT of $6 million and interest payment of $1 million. If the cost of capital of the firms equity is 15%, the cost of capital of the firms debt is 7%, and the tax rate is 34%, what is the value of XYZ (that is, the sum of the equity value and the debt value)? What is the present value of its tax-shields? What would be the value of XYZ if it were an all-equity firm? (consider only the tax-based effect of leverage)