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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