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Date Wireless has the following assets Current assets Temporary Permanent Capital assets $1,040,000 1,080,000 7,200,000 Total assets $9,320,000 Ils operating profit (EBIT) is expected to

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Date Wireless has the following assets Current assets Temporary Permanent Capital assets $1,040,000 1,080,000 7,200,000 Total assets $9,320,000 Ils operating profit (EBIT) is expected to be $1.4 million. Its tax rate is 40 percent. Shares are valued at $25. Capital structure is either short-term financing at 6 percent or equity. There is no long-term debt. (Round the final answers to 2 decimal places.) a. Calculate expected earnings per share (EPS) If the film is perfectly hedged. EPS $ b. Calculate expected EPS if it has a capital structure of 40% debt. EPS $ c. Recalculate a and b if short-term rates go to 11 percent Hedged Capital structure EPS $ $

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