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Here is a simplified balance sheet for Epicure Pizza (figures in $ millions): Note: There are 15 mitlion shares outstanding. Epicure shares are currently priced

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Here is a simplified balance sheet for Epicure Pizza (figures in $ millions): Note: There are 15 mitlion shares outstanding. Epicure shares are currently priced at $10 each. a. What value should be used for debt when calculating the firm's WACC? Note: Enter your answer in millions. 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

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