Given the enterprise value calculation below, show the necessary adjustments and pro forma amounts if the company issues $100 0 million of equity and uses the proceeds to repay debt ($ in millions) Actual Adjustments Pro forma 2007 2007 Equity Value $1,000 0 Plus Total Debt 250 0 Plus Preferred Stock 50 0 Plus Noncontrolling Interest 25 0 Less Cash and Cash Equivalents (70 0) Enterprise Value $1,250 0

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Question: Given the enterprise value calculation below, show the necessary adjustments and pro forma amounts if the company issues $100.0 million of equity and uses the

Given the enterprise value calculation below, show the necessary adjustments and pro forma amounts if the company issues $100.0 million of equity and uses the proceeds to repay debt.

($ in millions)
	Actual	Adjustments		Pro forma
	2007	+	-	2007
Equity Value	$1,000.0
Plus: Total Debt	250.0
Plus: Preferred Stock	50.0
Plus: Noncontrolling Interest	25.0
Less: Cash and Cash Equivalents	(70.0)
Enterprise Value	$1,250.0

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