Assignment: Ch 16 & 17: End of Chapter Problems Assignment Score: 0.004 Save Submit Assignment for Grading Questions Problem 17-01 (MM Model with Zero Taxes) Questions of 4. Check My Work (3 remaining) 5. 6 eBook 7. MM Model with Zero Taxes An unlevered firm has a value of $550 million. An otherwise identical but levered firm has $25 million in debt. Under the MM zero-tax model, what is the value of the levered firm? Enter your answers in millions. For example, an answer of $10,550,000 should be entered as 10.55. Round your answer to the nearest whole number. million ry Check My Works remaining) Oly Problem 17-01 CMM Model with Zero Taxes) Submit Assignment for Grading Assignment: Ch 16 & 17: End of Chapter Problems Assignment Score: 0.00% Save Submit Assignment for Grading Tools Questions Problem 1742 (MM Model with Corporate Taxes) Question 7 of 2 5. Check My Work (3 remaining) 6. 7. Tips ps book Problem Walk-Through MM Model with Corporate Taxes An unlevered firm has a value of $850 million. An otherwise identical but levered firm has 550 million in debt at a 4% interest rate. Its pre-tax cost of debt is 4% and its unlevered cost of equity is 11%. No growth is expected. Assuming the corporate tax rate is 40%, use the MM model with corporate taxes to determine the value of the levered firm. Enter your answers in millions. For example, an answer of $10,550,000 should be entered as 10.55. Round your answer to the nearest whole number 5 million ols ductory Check Sty Work (3 remaining Oly Problem 17-02 (MM Model with Corporate Taxes) Question 77 Submit Assignment for Grading