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Assume a Modigliani-Miller world. Antivaxer, PaleoBro and Boop are three similar companies in the wellness industry with the following capital structure and cash flows. I'm

Assume a Modigliani-Miller world. Antivaxer, PaleoBro and Boop are three similar companies in the wellness industry with the following capital structure and cash flows.

I'm looking to calculate the market value of each company please help

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Assume a Modigliani-Miller (MM) world. AntiVaxer, PaleoBro, and Boop are three similar com- panies in the wellness industry with the following capital structures and cash flows: AntiVaxer Paleo Bro Boop 10 6 20 $30 $35 $10.50 105 390 Shares outstanding (millions) Share prich Market value of perpetual debt (Smillion) Expected earnings before interest ($million) Interest expense (Smillion) Dividends (Smillion) 45 90 45 5.25 19.5 45 39.75 70.5 All three firms share identical business and operating risk characteristics, producing perfectly correlated earnings. Expected earnings will remain constant in perpetuity. All earnings are paid out as interest or dividends every year, these payouts are also expected to remain constant. When answering the question, state any additional assumptions you may need to make. Show all working/calculations

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