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can you answer this question for me please? 1 point. Determine the market value of debt given the following information. Round your final answer to
can you answer this question for me please?
1 point. Determine the market value of debt given the following information. Round your final answer to the nearest million with zero decimal places. For example, if your answer is $89.12, enter 89 with no currency symbol. 4.68% Cost of Debt (Kd) The company faces the following forecasted CFFD (Cash Flows For Debt): Year 1: $50 million interest Year 2: $50 million interest Year 3:$50 million interest Year 4: $50 million interest Year 5: $50 million interest The interest payments have a terminal value of $1,000 million at the end of year 5 . The company faces a 21% tax rate. Type your
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