Question: Bryd enterprises has no debt. Its current total value is $ 5 3 million. Ignorging taxes, what will th Company's value be if it sells

Bryd enterprises has no debt. Its current total value is $53 million. Ignorging taxes, what will th Company's value be if it sells 16.2 million in debt? Suppose now the companys tax rate is 23 percent. What will its overall 16.2 million in debt? Assume debt proceeds are used to repurchase equity.

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