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Mitra Corporation is currently all equity financed and has a value of $100 million. Investors currently require a retum of 15.80 percent on common stock.

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Mitra Corporation is currently all equity financed and has a value of $100 million. Investors currently require a retum of 15.80 percent on common stock. Mitra pays no taxes. Mitra plans to issue 515 million of debt with a return of 5.6 percent and use the proceeds to repurchase common stock. What will be the value of the firm after the debt issue? Please state your answer in millons Enter your response below 100 Correct responset 1 million This question has 4 parts, so you will be clicking verify 4 times Given that the firm will still have a value of 5100 million, what will be the value of the equity after the debt issue? Please state your answer in millions Enter your response below Number million Section Attempt 1 of 1 Verity

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