Houston Tools Has Expected Earnings Before Interest and Taxes of $189,400,an

Houston Tools has expected earnings before interest and taxes of $189,400,an unlevered cost of capital of 12.87 percent,and a tax rate of 34 percent.The company has $318,000 of debt that carries a coupon rate of 6.2 percent.The debt is selling at par value.What is the value of this firm?

A) $996,758.89
B) $1,079,402.05
C) $978,758.89
D) $1,113,758.89
E) $1,036,758.89