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Maynes Corporation is currently all equity financed and has a value of $80 milion Investors currently require a return of 1860 percent on common stock

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Maynes Corporation is currently all equity financed and has a value of $80 milion Investors currently require a return of 1860 percent on common stock Maynes pays no taxes. Maynes plans to issue 35 miton of debt with a return of 80 percent and use the proceeds to repurchase common stock What will be the value of the tomater the debesue? Please state your answer in millions Enter your response below 80 Correct response: Bemillion This question has 4 parts, so you will be clicking verily 4 times Given that the firm will still have a value of 580 milion, what will be the value of the equity after the debt es? Please state your answer in milions Enter your response below Number milion

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