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1efgh here is what i found in the question Problem 1 O points possible (ungraded) Magic Machines Inc. (MM), a mature industrial company, expects an

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Problem 1 O points possible (ungraded) Magic Machines Inc. (MM), a mature industrial company, expects an earning of $93.80 million next year (year 1) from its existing assets, which Will continue perpetually. MM has no growth opportunities and will payout all its earnings. There are no corporate taxes. The cost of capital for MM's assets is 8.67%. The risk-free interest rate is 5.13% (for all maturities), Sa Submit (e) 0.0/1.0 point (graded) (e) What is the present value of MM's assets? million dollars (1) 0.0/1.0 point (graded) (1) What is the total annual payment to the debt holders? million dollars Submit You have used 0 of 2 attempts (g) 0.0/1.0 point (graded) (g) What is the expected total annual payment to the equity holders? million dollars (h) 0.0/1.0 point (graded) (h) What is the present value of MM's debt? million dollars Submit You have used 0 of 2 attempts (c) 0.0/1.0 point praded Suppose that MM intends to finance itself with partial equity and partial debt, it can issue a perpetual debt with annual risk-free interest payment of 9.19 million (c) What would be the present value of this debt? million dollars

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