Answer the second part please:

Brealey Corporation is currently all equity financed and has a value of $70 million. Investors currently require a return of 17.9 percent on common stock. Brealey has a marginal tax rate of 35 percent. Brealey plans to issue $30 million of debt with a return of 5.5 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. 80.50 Correct response: 80.5+0.01million This question has 4 parts, so you will be clicking verify 4 times. Given that the value of the firm after the debt issue will be $80.5 million, 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. Number million