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Help with the last question, please. Using the correct answers from the previous questions, what is the total market value of the company? Enter your

Help with the last question, please. "Using the correct answers from the previous questions, what is the total market value of the company? Enter your answer in terms of millions and rounded to 2 decimal places".

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Consider the following company, $55 million 6% 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 8 of Common Stock Risk-Free Rate Market Return 17% annually 15 25% 1.5 million $29 $1.46 6 million $19 1.1 4% 11% 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. 60.34 Correct response: 60.34+0.03 million Click "Verify" to proceed to the next part of the question. What is the rate of return on the preferred stock? Enter you answer as a percentage and rounded to 2 DECIMAL PLACES. Do not include the percentage sign in your answers. Enter your response below. 5.03 Correct response: 5.03% Click "verify" to proceed to the next part of the question. What is the market value of the preferred stock? Enter your answer in terms of millions. Enter your response below. 43.50 Correct response: 43.5 million Click "Verify" to proceed to the next part of the question. What is the rate of return of the equity? Enter your answer as a percentage. Do not include the percentage sign in your answers. Enter your response below. 11.7 Correct response: 11.7% Click "Verify" to proceed to the next part of the question. What is the market value of the equity? Enter your answer in terms of millions. Enter your response below. 114 Correct response: 114 million Click "Verify" to proceed to the next part of the question. Using the correct answers from the previous questions, what is the total market value of the company? Enter your answer in terms of millions and rounded to 2 DECIMAL PLACES

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