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O Maynes Corporation is currently all equity financed and has a value of $100 million. Investors currently require a return of 15.8 percent on common

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O Maynes Corporation is currently all equity financed and has a value of $100 million. Investors currently require a return of 15.8 percent on common stock. Maynes has a marginal tax rate of 40 percent. Maynes plans to issue $25 million of debt with a return of 6.6 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 millions rounded to two decimal places. Enter your response below. 110 0 Correct response: 110million 0 Using the correct answer from the previous question. what will be the value of the equity after the debt issue? Please state your answer in millions rounded to two decimal places. Enter your response below. - Correct response: 85million Using the correct answers from the previous questions, what will be the expected return on the stock after the debt issue? Enter your answer as a percentage and round to 2 decimal places. Enter your response below

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