Hooray Company currently has a debt-equity ratio of 1/7. The stock price is $42 and there are 190,000 shares outstanding. The CFO is proposing a recapitalization plan to borrow $1,000,000 and use the proceeds to buy back shares. They can borrow at 7% and their tax rate is 25%. Based on this information, please fill in the following blanks. 1. The market value of the equity before the repurchase announcement is $ 2. The market value of the equity after the repurchase has taken place is $ 3. The number of shares repurchased is (round to the nearest integer please) 4. The share price per share after the repurchase has been announced (use 2 digits after the decimal please) $ 5. The hypothesis which explains the immediate reaction of the stock price to the repurchase announcement is called the hypothesis