Myers Corporation is currently alf equity financed and has a value of $70 milson. Investors currently require a return of 11,4 percent on common stock. Myers has a marginal tax rate of 40 percent. Myers plans to issue $20 million of debt with a return of 6.8 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 milions rounded to two decimal places. Enter your response below. mision This question has 4 parts, so you will be clicking verify 4 times. Rozanski Co. currently has EBIT of $41,000 and is all equity financed. EBIT is expected to stay at this level indefinitely. The firm pays corporate taxes equal to 22% of taxable income. The cost of equity for this firm is 10%. What is the market value of the firm? Enter your answer rounded to two decimal places. Click "Verify" to proceed to the next part of the question. This question has 3 parts, so you will be clicking verify 3 times