SOLUTION: Given debt D, equity is worth 42.9-D. Selling 50% of equity, together with debt must raise 30 million:
Solve for D:
.5*(42.9-D)+D=30
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-> SOLUTION: Given debt D, equity is worth 42.9-D. Selling 50% of equity, together with debt must raise 30 million:
Solve for D:
.5*(42.9-D)+D=30
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Question 462045: Given debt D, equity is worth 42.9-D. Selling 50% of equity, together with debt must raise 30 million:
Solve for D:
.5*(42.9-D)+D=30 Answer by solver91311(24713) (Show Source):
