$1.$ What challenge has Katzu been handed? What must be considered?

$2.$ Why is MCI considering a repurchase. What are the signaling implications of the different types of repurchases? How might the market react to each?

$3.$ One option requires MCI to issue roughly $$2$ billion in debt for the repurchase. What are the implications to MCI of doing so$?$

$1.$ Equity

$2.$ Shares outstanding

$3.$ Price$/$share

$4.$ EPS

$5.$ Tax shield

$4.$ What is the WACC under the two options? Consider comparables, and risk analysis.

$5.$ Conduct a FRICTO analysis on the decision? What are the important implications?

$6.$ Look at the relation between EBIT$-$EPS for each decision

$7.$ What is your recommendation? Explain,