Can you solve this exercise for me? Thank you so much

3. Rally, Inc., is an all equity firm. The value of its assets is $25M and it has 10 million shares outstanding. Rally wants to take a loan for $10M and use this money to repurchase shares. The corporate tax rate is 35%, and Rally will maintain its debt level at $10M forever. a. In the all equity firm, what is the market Price of Rally shares? b. Assume that Rally offers $2.75 per share in the repurchase. Are the shareholders going to accept this price for their shares? C. Assume that Rally offers $3.00 per share and that shareholders accept this offer. How many shares are bought, how many remain? What will be the market price of Rally's equity after the share repurchase and the price per share