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- Question 2 $60 million 1 point Number Help 16 % 5% semi-annually 15 23% Consider the following company, Book Value of Debt YTM Coupon Coupon Payments Years Corporate Tax Rate # of Preferred Shares Price of Preferred Share Dividend per Preferred Shares # of Common Shares Price of Common Share 8 of Common Stock Risk-Free Rate Market Return 2 million $26 |$1.45 9.5 million What is the market value of the debt? Enter your answer in terms of millions and rounded to 2 DECIMAL PLACES. Enter your response below. 54.12 Correct response: 54.12+0.03 million