6. Hokie Corporation has the following: (8 Points) Assets Liabilities Earnings Shares outstanding Dividends Market price 6,500,000 2,000,000 500,000 1,000,000 350,000 $10 a. Detemine the book value, book value per share and the P/E ratio and dividend yield. b. Now assume the only thing that changes is that liabilities go down to 1,500,000. Calculate all 4 ratios again. c. Now assume that the only thing that changes is earnings increase to 600,000. Calculate the 4 ratios again. d. The company repurchases 10% of the stock by borrowing money from a bank. Assume that nothing else changes and recalculate the 4 ratios. e. Compare the ratios from a above to the ratios calculated in d above. How and why are they different