Here is a simplified balance sheet for Epicure Pizza (figures in $ millions): Liabilities and Shareholders Assets Equity Current assets $ 94 Current liabilities $ 95 Fixed assets 72 Long term debt 29 Equity 42 Total $ 166 Total $ 166 Note: There are 14 million shares outstanding. Epicure shares are currently priced at $9 each. a. What value should be used for debt when calculating the firm's WACC? (Enter your answer in millions.) Debt figure million b. Since Epicure issued its debt, interest rates have fallen substantially. Do you need to revise your measure of the debt ratio upward or downward? Upward Downward