Fill in the blanks using the formulas provided in the Modigliani-Miller Prop II No Tax World. (Show Work)

Before After

EPS $2.22 __________

EBIT $3,552,000 $3,552,000

B (WACC) 1.04 1.04

B (Equity) 1.04 __________

r(WACC)a 0.105 0.105

r(Equity)e 0.105 __________

P/E 9.5 __________

P0 $21.09 __________

V0 $33,744,000 $33,744,000

N0 1,600,000 __________

E $33,744,000 __________

D $0 __________

r(Debt) 0.0 0.075

B(Debt) 0.0 0.65