Dylex Corporation wants to diversify its operations. Some recent financial information for the company is shown here:

	Stock price	$100
	Number of shares	10,000
	Total assets	$490,000
	Total liabilities	$240,000
	Net income	$300,000

Dylex Corporation is considering an investment that has the same P/E ratio as the firm. The cost of the investment is $1,500,000 and it will be financed with a new equity issue. The return on the investment will equal Dylex Corporation's current ROE.

Note: Please round your final answers to 2 decimal places.

a) What is the number of new shares?

Number of new shares = shares

b) What is the new EPS?

New EPS = $ per share

c) What is the new stock price?

New stock price = $

d) What is the new book value per share?

New book value per share = $ per share

e) What is the new market to book ratio?

New market-to-book =

f) What is the NPV of the project?

NPV = $