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Assume capital markets are perfect and the Modigliani-Miller theories hold. Mercury Electronics is currently an allequity financed company worth 183 million dollars. Mercury Electronics is
Assume capital markets are perfect and the Modigliani-Miller theories hold. Mercury Electronics is currently an allequity financed company worth 183 million dollars. Mercury Electronics is planning to issue 61 million dollars in debt. After issuing this debt, what will be the value of Mercury Electronics's equity? (Note: Enter your answer in millions of dollars. e.g. 5.5 million, not 5,500,000 )
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