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Given that the value of the firm after the debt issue will be $90 million, what will be the value of the equity after the
Given that the value of the firm after the debt issue will be $90 million, what will be the value of the equity after the debt issue? Please state your answer in millions rounded to two decimal places. Enter your response below. 40 Correct response: 400.01million Given that the value of the equity after the debt issue will be $40 million, what will be the expected return on the stock after the debt issue? 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
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