Dupond & Dupont plans to repurchase $2,000,000$ shares at the current market price of $20$ per share

$($which is also their book value$).$ Total assets are $336$ million, while it holds $40$ million in cash.

The company has $15$ million shares outstanding and is expected to generate $16\mathrm{.}8$ million euros in

profit available for distribution.

As an alternative to cash flow utilization, Dupond & Dupont plans to borrow the necessary funds to

make the repurchase and will have to pay a $7$ percent interest.

Other relevant facts are:

$-$ EPS expected before repurchase $=1\mathrm{.}12$

$-$ Tax rate $=30\%$

Questions :

$-$ What is the EPS after the repurchase with borrowed funds?

$-$ What is the return on assets $($ROA$)$ before and after repurchase?

$-$ What is the return on equity $($ROE$)$ before and after repurchase?