Byrd Enterprises has no debt. Its current total value is $$50\mathrm{.}6$ million. Assume debt proceeds are used to repurchase equity.

a$.$ Ignoring taxes, what will the company's value be if it sells $$20\mathrm{.}2$ million in debt?

Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest

whole number, e$.$g$.,1,234,567.$

b$.$ Suppose now that the company's tax rate is $23$ percent. What will its overall value be if it sells $$20\mathrm{.}2$ million in debt?

Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest

whole number, e$.$g$.,1,234,567.$