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A company has expected earnings before interest and taxes of $900,000, an unlevered cost of...

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A company has expected earnings before interest and taxes of $900,000, an unlevered cost of capital of 8.5 percent, and a tax rate of 25 percent. The company has $3,000,000 of debt that carries a 5.2 percent coupon. The debt is selling at par value. Assume the firm maintains this debt amount forever. What is the interest tax shield of the firm in a given year? What is the value of the firm? $39,000 and $7,647,912 $39,000 and $8,691,176 $39,000 and $7,848,562 $41,200 and $7,848,562 $41,200 and $7,647,912

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