Assume that Rose Corporation's (RC) EBIT is not expected to grow in the future and that all earnings are paid out as dividends. RC is currently an all-equity firm. It expects to generate earnings before interest and taxes (EBIT) of $6 million over the next year. Currently RC has 5 million shares outstanding and its stock is trading for a price of $12.00 per share. RC is considering borrowing $12 million at a rate of 6% and using the proceeds to repurchase shares at the current price of $12.00. 44) What will be the stock price of Rose Corporation after the debt issuance and share repurchase? 45) Suppose the cost of capital of Atlas Corporation was 19%, the risk free rate was 10% and the cost of equity was 30%, then what is its leverage ratio