Eilish Inc. plans to announce that it will issue $1.6 millin of perpetual debt and use the proceeds torepurchase common stock.The bonds will sell at par with a coupon rate of 5%.The company iscurrently all equity and worth $6.1 million with 280,000 shares of common stock outstanding.After thesale of the bonds, the company will maintain the new capital structure indefinitely.The annual pre-tax earnings of $1.45 million are expected to remain constant in perpetuity.Corp tax rate is 21%What is the expected return for shareholders' of Eilish Inc. as an unlevered firm?What is the price per share of the firm's equity currently?