× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
y
2
s
2
a
1
w
1
w
1
i
1
m
1
s
1
c
1
k
1
1
m
1
New Topic  
johnpaech johnpaech
wrote...
Posts: 1098
Rep: 7 0
6 years ago
Suppose that MI has zero-coupon debt with a $125 million face value due next year.  The total value of MI with leverage is closest to:
A) $133 million
B) $140 million
C) $147 million
D) $125 million
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
Read 54 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
B
Explanation:  B) VL =   = $28.89 million

Vdebt =   = $111.11 million

Total Value = VL + Vdebt = $28.89 + $111.11 = $140 million
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1033 People Browsing
 125 Signed Up Today
Related Images
  
 353
  
 274
  
 154
Your Opinion
Do you believe in global warming?
Votes: 422

Previous poll results: What's your favorite math subject?