1. Company X is and all equity firm with total asset value $600 million. Currently it has 30 million shares outstanding. It plans to issue $200 million of debt to do a share repurchase. The risk free rate is 5%. Its EBIT is $40 million. A. Show that the share repurchases increases earnings per share. B. Show that the share repurchases increases stockholder's required return. C. Show that the share repurchases leaves the stock price unchanged ith totol o0not voluo $500 million Currently it