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$1.23 million should be entered as 1.23 , not 1,230,000. Round your answer to two decimal places. $ million million should be entered as 1.23

image text in transcribed $1.23 million should be entered as 1.23 , not 1,230,000. Round your answer to two decimal places. $ million million should be entered as 1.23 , not 1,230,000. Round the monetary value to two decimal places and percentage value to one decimal place. Debt worth today: \$ million Yield on the debt: % value to two decimal places and percentage value to one decimal place. New equity worth: \$ million New yield on the debt: % Can you explain this? The value of the stock goes down and the value of the debt goes up because with lower risk, Fethe has of a chance of a "home run

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