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Given that the value of the equlty after the debt issue will be $43.5 million, what will be the expected return on the stock after
Given that the value of the equlty after the debt issue will be $43.5 million, what will be the expected return on the stock after the debt issuo? Enter your answer as a percentage and round to 2 decimal places. Do not enter the percentage sign as part of your answer Enter your response below. Number Section Attempt 1 of 1 Verily Remaining Time: 83.17:45 Marcus Corporation is currently all equity financed and has a value of $75 milion Investors currently require a return of 11.7 percent on common stock Marcus has a marginal tax rate of 30 percent. Marcus plan to issue $45 million of debt with a return of 6 percent and use the proceeds to repurchase common stock What will be the value of the firm after the debt issue? Please state your answer in millions rounded to two decimal places Enter your response below. 88.50 correct response: BB. Smilion Given that the value of the firm after the dobtinue will be 5886 million, what will be the value of the equity after the debto? Plese state your answer in millions rounded to two decimal places Enter your rompenso below 43,50 correct response. 5million
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