Question: Bird Enterprises has no debt. Its current total value is $49.6 million. Assume debt proceeds are used to repurchase equity. a.Ignoring taxes, what will the

Bird Enterprises has no debt. Its current total value is $49.6 million. Assume debt proceeds are used to repurchase equity. a.Ignoring taxes, what will the companys value be if it sells $19.7 million in debt?

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