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Baruk Industries has no cash, and a debt obligation of $36 million that is now due. The market value of Baruk's assets is $81 million,

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Baruk Industries has no cash, and a debt obligation of $36 million that is now due. The market value of Baruk's assets is $81 million, and the firm has no other liabilities. Assume perfect capital markets a. Suppose Baruk has 10 million shares outstanding. What is Baruk's current share price? b. How many new shares must Baruk issue to raise the capital needed to pay its debt obligation? c. After repaying the debt, what w'll Baruk's share price be? a. Suppose Baruk has 10 million shares cutstanding. What is Baruk's current share price? " Barak has 10 million shares outstanding, the current share price is S Baruk has 10 milion shares outstanding, the current share price is s(Round to two decimal places) (Round to two decimal places.) b. How many new shares must Baruk issue to raise the capital needed to pay its debt obligation? The number of new shares ismillion (Round to one decimal place) . Ater repaying the debt, what will Baruk's share price be? Aner repaying the debt, the share price is (Round to two decrnal places )

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