EZ Company currently has a debt-equity ratio of 1/9. The stock price is $50 and there are 180,000 shares outstanding. The CFO is proposing a recapitalization plan to borrow $2,000,000 and use the proceeds to buy back shares. They can borrow at 5% and their tax rate is 40%.

7. The market value of the equity after the repurchase has taken place is: $ 8. The number of shares repurchased is (round to the nearest integer please): 9. The share price per share after the repurchase has been announced (use 2 digits after the decimal please): $