CashMoney Corp. currently has 10 million shares of stock and zero debt. It generates expected free cash flow of $30M in perpetuity (recall: free cash flow = EBIT x (1-tax rate)). It's beta is 1, the market risk premium is 8% and the risk-free rate is 4%. The tax rate is 25%. CashMoney's CFO is planning to change the firm's capital structure by issuing $100M of fixed, perpetual debt and using the money to buy back shares. She expects that the debt will be risk free. Assume there are no financial distress costs or agency costs associated with the debt. a) What is the value of CashMoney Corp if it remains an all-equity firm? b) What will the value of CashMoney be after the CFO announces her plan to change the capital structure? c) How many shares of stock will the CFO need to buy back after announcing her plan? d) What will CashMoney's required return on equity be after the change in capital structure?