Back to top
  • Register/Login

    I already have an account here

    Lost password?
    New Customer ? Sign up

757 828 1585
support@tutorialsservice.com
Tutorials Service
  • Shop
  • Cart
  • Checkout
  • My Account
  • Blog
  • Shop
  • Cart
  • Checkout
  • My Account
  • Blog
Mini Cart 0 items - $0.00
  • No products in the cart.
12 Jan

Three Piggies Enterprises has no debt Its current total value is $75.2 million

by jagguarpaw On: Finance - 0 Comment

Order Now

Question: Three Piggies Enterprises has no debt. Its current…

Three Piggies Enterprises has no debt. Its current total value is $75.2 million. Assume debt proceeds      are used to repurchase equity.

Ignoring taxes, what will the company’s value be if it sells $34.6 million in debt? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Round your answer to the nearest whole number, e.g., 32.)

Value of the firm            $

Suppose now that the company’s tax rate is 30 percent. What will its overall value be if it sells $34.6 million in debt? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Round your answer to the nearest whole number, e.g., 32.)

Value of the firm            $

Bookmark and Share
Tags: Three Piggies Enterprises, Three Piggies Enterprises has no debt, Three Piggies Enterprises has no debt Its current, Three Piggies Enterprises has no debt Its current total, Three Piggies Enterprises has no debt Its current total value, Three Piggies Enterprises has no debt Its current total value is $75.2 million Share

Copyright 2017 © All Rights Reserved With Tutorials Service LLC

X