Question: Create | Microsoft X w Document26.doc x Customers Area X D2L Grades - FINC60( X Question 4 - Wee X My Citation list 12 x

Create | Microsoft X w Document26.doc x Customers Area X D2L Grades - FINC60( X Question 4 - Wee X My Citation list 12 x Homework Help - X W Order 38931230E x + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/... Q u * I O Update : D2L Homepage - APEI Week 6 Problems i Saved Help Save & Exit Submit Check my work 4 Hominy, Inc., has debt outstanding with a face value of $6 million. The value of the firm if it were entirely financed by equity would be $18.7 million. The company also has 350,000 shares of stock outstanding that sell at a price of $39 per share. The corporate 20 tax rate is 22 percent. What is the decrease in the value of the company due to points expected bankruptcy costs? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar, e.g., 1,234,567.) ebook Financial distress costs Print References Mc Hill

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