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hireen Problems Saved Bird Enterprises has no debt Its current total value is $47 million, a. Ignoring taxes, what will the company's value be if

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hireen Problems Saved Bird Enterprises has no debt Its current total value is $47 million, a. Ignoring taxes, what will the company's value be if it sells $18.4 million in debt? Assume debt proceeds are used to repurchase equity (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g. 1,234,567.) b. Suppose now that the company's tax rate is 23 percent. Assume debt proceeds are used to repurchase equity. What will its overall value be if it sells $18.4 million in debt? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.) a. Company value b. Company value

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