complete parts a through c

Hawar International is a shipping fimm wih a current share price of $5.50 and 5 milion shares outstanding Suppose Howar announces plans to lower its corporate tacos by borrowing $25 million and repurchasira shares a. With perfect cap al markets, what wil the share price bear this announcement? b. Suppose that war pays a corporate tax rate of 40%, and that shareholders expect the change in debt to be permanent. If the any imperfection is corporate taxes, what wil the share price be after this announcement c. Suppose the only perfections are corporate trees and frenc Grous contain the shore price rises to $7.15 star this enouncement, what is the PV of financial distress costs Howar will incur as the result of this a Win perfect capital markets, what will the share price be after this announcement? with perfect capital marken, the share price wi be $ per share. (Round to the nearest cant) new debt