Byrd Enterprises has no debt. Its current total value is $$50\mathrm{.}2$ million. Assume debt proceeds are used to repurchase equity.

a$.$ Ignoring taxes, what will the company's value be if it sells $$20$ million in debt?

Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e$.$g$.,1,234,567.$

b$.$ Suppose now that the company's tax rate is $21$ percent. What will its overall value be if it sells $$20$ million in debt?

Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e$.$g$.,1,234,567.$

a$.$ Value of the firm

b$.$ Value of the firm