Agency Costs and Capital Structure Galaxy Enterprises has earnings before interest and taxes of $$10,000,000$ and $$100,000,000$ of debt outstanding with a required rate of return of $7\mathrm{.}3\%.$ The required rate of return on assets in the industry is $14\%.$ The corporate tax rate is $20\%,$ but there are no personal taxes. The present value of Galaxy's bankruptcy costs is $$16,000,000.$ Compute Galaxy's firm value.

The present value of Galaxy's debt tax shields is $

$($Round to the nearest dollar.$)$

If Galaxy has no debt, the value of the firm is $

$($Round to the nearest dollar.$)$

Since Galaxy currently has $$100,000,000$ of debt outstanding, the value of the firm is $ $($Round to the nearest dollar.$)$