Myers Corporation is currently all equity financed and has a value of $60million. Investors currently require a return of 11.3 percent on common stock. Myers has a marginal tax rate of 15 percent. Myers plans to issue $10 milition of debt with a return of 7.2 percent and use the proceeds to repurchase common stock. What will be the value of the firm atter the debt issue? Please state your answer in millions rounded to two decimal places. Enter your response below. Correct respohset 62,50,01mililn This question has 4 parts, so you will be clicking verify 4 times. Given that the value of the firm afier the debt issue wil be 561.5m filon. what wil be the value of the equaty afier the debt issue? Please state your anowor in milions rounded to two decimal places. Ener yout responte below. Correct rosponies: 51.5:0.01 imition Given that the value of the equity atter the debtissue will be 551.5 milion, what will be the expected retum on the stock after the debt issue? Enter yout answer as a peroontage and round to 2 decimal places. Do not enter the percentage sign as part of your answet. Enter your response below