Question: bird enterprises has no debt. Its current Toal value is $47 million. ignoring takes, what will the company value be if it sells $18.4 million

bird enterprises has no debt. Its current Toal value is $47 million. ignoring takes, what will the company value be if it sells $18.4 million in debt? suppose now that the companys tax rate is 23 percent. what will its overall value be if it sells $18.4 million in debt. assume debt proceeds are used to repurchase equity.

what are the debt to equity ratios?

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