Question: Given that the firm will still have a value of $100 million, what will be the value of the equity after the debt issue? Please

Given that the firm will still have a value of $100 million, what will be the value of the equity after the debt issue? Please state your answer in millions Enter your response below. Number million Mitra Corporation is currently all equity financed and has a value of 100 million Investors currently require a return of 19.80 percent on common stock. Mitra pays no taxes. Mitra plans to issue $20 million of debt with a return of 8.6 percent and use the proceeds to repurchase common stock What will be the value of the firm after the debt issue? Please state your answer in millions Enter your response below 100 Correct response: 100 million This question has 4 parts, so you will be clicking verity 4 times

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