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I need help with problem 1 d 1. Consider the following share repurchase proposal: BL will use $209 million of cash from its balance sheet

I need help with problem 1 d

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1. Consider the following share repurchase proposal: BL will use $209 million of cash from its balance sheet and $50 million in new debt-bearing interest at the rate of 6.75% to repurchase 14.0 million shares at a price of $18.50 per share. (a) First, consider the initial statements (before the proposal in 2006). What is the book value of Equity? Now, present the new statement including the proposal rs in thousands. Numbers in thousands And the Income Statement (b) The influencer Damodaran collects data on interest coverage ratio. Is the ratio for Blaine good? (c) What if the annual tax savings were a perpetuity starting next year? What is the value of capitalized tax savings? (d) You took excellent notes during lectures, and noted that difference between a Levered and Unlevered firm is D. Is there a difference between the theory learned in class and the calculations found above? If so, why

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