Question: please answer this is my 2nd time posting because the last persons answers wernt even a choice... here are answer choices -Value of the firm-
Scorecard Corp, has a value of $70 million. Carison is otherwise identical to Scorecard Corp., but has $2.3 million in debt, Suppose that both firms ar growing at a rate of 5%, the corporate tax rate is 40%, the cost of debt is 7%, and Scorecard's cost of equity is 9% (assume raU Is the appropriate discount rate for the tax shield), Use the Modigliani and Miller theory extension for growth to complete the following table: (Note: Round your answer up to 2 decimal places.)
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