Question: (PLS USE EXCEL FUNCTION TO SOLVE THE PROBLEMS AND ROUND OFF 2 DECIMALS THX!) Given the following information: BA442 has a value of operations of

(PLS USE EXCEL FUNCTION TO SOLVE THE PROBLEMS AND ROUND OFF 2 DECIMALS THX!)

Given the following information: BA442 has a value of operations of $950 million after recapitalization, of which 30% is from debt. The firm had 20 million shares before the recapitalization, and taxes are at 25%. Determine the following:

1. Value of equity after recapitalization

2. Number of remaining shares after recapitalization.

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