Analysts expect ElectroSoft to generate $99.70033 million of free cash flow at the end of the current year. (Assume that cash flows occur on December 31 and today is January 1.) Analysts expect Electrosoft's cash flow to grow at 3% in perpetuity. Electrosoft has no debt and its shareholders require a return of 10%. There are 149.14036 million shares outstanding, and the shares trade for $9.55. ElectroSoft has announced a stock repurchase. It intends to buy 22.2 million shares at a price of $10 per share. The repurchase will be debt financed. After the repurchase, the company's debt-to-equity ratio will be 0.1765 and it will maintain that ratio in perpetuity. The cost of debt is 5% and the tax rate is 35%. Answer the following questions. Part 1 What is the levered cost of equity after the repurchase? (Express your answer in percentage form rounded to one decimal place.) Cost of equity=10.88% Part 2 What is the company's WACC after the repurchase? (Express your answer in percentage form rounded to one decimal place.) WACC = % Part 3 What is the DCF/WACC value of the levered firm after the repurchase? (Express your answer in millions of dollars rounded to the nearest million.) Value of the firm = $ Part 4 What is the stock price after the repurchase? (Express your answer in dollars and round to two decimal places.) Stock price = Check Answer Check Answer Check Answer