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Consider the following company Book Value of Debt YTM Coupon Coupon Payments Years Corporate Tax Rate of Preferred Shares Price of Preferred Share Dividend per

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Consider the following company Book Value of Debt YTM Coupon Coupon Payments Years Corporate Tax Rate of Preferred Shares Price of Preferred Share Dividend per Preferred Shares of Common Shares Price of Common Share B of Common Stock Risk-Free Rate Market Return $65 million 10% 17% semi-annually 15 20% 2 million 524 $1.3 9 million $15 0.6 5% 14% What is the market value of the debt? Enter your answer in terms of millions and rounded to 2 DECIMAL PLACES Enter your response below Number million Click "Verity to proceed to the next part of the question. Section Attempt 1 of 1 Verify ni

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