Question: Please make sure the answer is correct and explain how you got them, thanks! Byra Enterprises has no debt. Its current total volue is $50.2
Byra Enterprises has no debt. Its current total volue is $50.2 million. Assume debt proceeds are ased to repurchase equity. a. Ignoring taxes, what will the company's value be if it sells $20 million in debt? Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest b. Suppose now that the compony's tax rate is 21 percent. What will its overali value be if it sells $20 million in debt? whole number, e.9,1,234,567 Note: Do not round intermediate calculations and enter your answer in dollors, not millions of dollars, rounded to the nearest whole number, e.g.4, 1,234,567
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