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Myers Corporation is currently all equity financed and has a value of $90 million. Investors currently require a return of 14.00 percent on common stock.

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Myers Corporation is currently all equity financed and has a value of $90 million. Investors currently require a return of 14.00 percent on common stock. Myers pays no taxes. Myers plans to issue 845 millon of debt with a return of 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 millions Enter your response below. 90 Correct responseT 90million This question has 4 parts, so you will be clicking verily 4 times. Given that the firm will still have a value of $90 million, what will be the value of the equity after the debt issue? Please state your answer in mions Enter your response below 45 Correct responsei 45million Given that the firm will still have a value of $20 million, what will be the value of the equity after the debt issue? Please state your answer in millions Enter your response below. 45 Correct response: 45 million Given that the value of the equity after the debt issue will be $45, what will be the expected retum on the stock after the debt isso? Enter your answer as a percentage and round to 2 decimal places. Do not enter the percentage symbol Enter your response below. 20 Correct response: 2010.01 Given that the expected rotum on the stock after the debt issue is 20.00% what will be the Weighted Average Cost of Capital her the debt Enter yout answer as a percentage and round to 2 decimal places. Do not enter the percentage symbol Enter your response below. Number

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