I need help just for question D PLEASE, here is the problem and the answers I FOUND FOR THE FIRST 3 QUESTIONS. An- all equity firm is subject to 30% corporate tax rate. It's total market value is initially $3,500,000. There are 175,000 shares outstanding. It announces that it will issue $1 million of bonds at 10% interest and uses the proceeds to buy back common stock. A. What will happen to the market value of equity at the announcement of share repurchase?

I found "decreases to 2,800,000

B. How many shares can the firm buy back with he $1 million bond issue. I found 46053.23

C. The cost of the unlettered equity (r0) is 20%. Use MM's II proposition to calculate the rate of return demanded by shareholders after the share repurchase? I found 22.5%

D) create the market value balance sheet after share repurchase