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(1)what is the new debt issued/ redeemed (2)what is new equity issued/redeemed Your firm has a marginal tax rate of 25% and has generated the
(1)what is the new debt issued/ redeemed (2)what is new equity issued/redeemed
Your firm has a marginal tax rate of 25% and has generated the following estimates for the upcoming year: Valves in Millions except for Percentages Beginning Projected Capital Torger Debt Preferred Existing Cash Target Cash Invested ROIC Budget to Capital Dividends Balance Balance Capital Ratio $72 16% $22.5 60% $1.3 $1.7 $2.0 Interest Payments $2.2 MON NEW DEBT ISSUED REDEEMDED NEW EQUITY ISSUED REDEEMED Your firm has a marginal tax rate of 25% and has generated the following estimates for the upcoming year: Valves in Millions except for Percentages Beginning Projected Capital Torger Debt Preferred Existing Cash Target Cash Invested ROIC Budget to Capital Dividends Balance Balance Capital Ratio $72 16% $22.5 60% $1.3 $1.7 $2.0 Interest Payments $2.2 MON NEW DEBT ISSUED REDEEMDED NEW EQUITY ISSUED REDEEMEDStep by Step Solution
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