I need help with the following questions. I am trying to get the answer but keep getting the wrong one. Thanks

HiLo, Inc., doesn't face any taxes and has $68.56 million in assets, currently financed entirely with equity. Equity is worth $6 per share, and book value of equity is equal to market value of equity. Also, let's assume that the firm's expected values for EBIT depend upon which state of the economy occurs this year, with the possible values of EBIT and their associated probabilities as shown below: State Probability of state Expected EBIT in state Pessimistic 0.40 1,971,10 $ 0 Optimistic 0.60 $15,854,500 The firm is considering switching to a 25-percent-debt capital structure, and has determined that it would have to pay a 10 percent yield on perpetual debt in either event. What will be the standard deviation in EPS if the firm switches to the proposed capital structure? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Standard deviation in EPS $ HiLo, Inc., doesn't face any taxes and has $258.8 million in assets, currently financed entirely with equity. Equity is worth $16 per share, and book value of equity is equal to market value of equity. Also, let's assume that the firm's expected values for EBIT depend upon which state of the economy occurs this year, with the possible values of EBIT and their associated probabilities as shown below: State Probability of state Expected EBIT in state Pessimistic 0.45 1,164,60 $ 0 Optimistic 0.55 $17,857,200 The firm is considering switching to a 20-percent-debt capital structure, and has determined that it would have to pay a 9 percent yield on perpetual debt in either event. What will be the level of expected EPS if the firm switches to the proposed capital structure? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Expected EPS $ DiPitro's Paint and Wallpaper, Inc., needs to raise $1.08 million to finance plant expansion. In discussions with its investment bank, DiPitro's learns that the bankers recommend a debt issue with gross proceeds of $1,000 per bond and they will charge an underwriter's spread of 4.5 percent of the gross proceeds. How many bonds will DiPitro's Paint and Wallpaper need to sell in order to receive the $1.08 million it needs? (Do not round intermediate calculations and round your final answer to the nearest whole number.) bonds Number of bonds sold Zimba Technology Corp. recently went public with an initial public offering of 3.0 million shares of stock. The underwriter used a firm commitment offering in which the net proceeds were $8.74 per share and the underwriter's spread was 8 percent of the gross proceeds. Zimba also paid legal and other administrative costs of $255,000 for the IPO. Calculate the gross proceeds per share. (Round your answer to 2 decimal places.) Gross proceeds $ per share Calculate the total funds received by Zimba from the sale of the 3.0 million shares of stock. (Enter your answer in millions of dollars rounded to 3 decimal places.) $ Funds received by Zimba m Howett Pockett, Inc., plans to issue 11.5 million new shares of its stock. In discussions with its investment bank, Howett Pocket learns that the bankers recommend a net proceed of $36.80 per share and they will charge an underwriter's spread of 8.5 percent of the gross proceeds. In addition, Howett Pockett must pay $4.9 million in legal and other administrative expenses for the seasoned stock offering. Calculate the gross proceeds per share. (Round your answer to 2 decimal places.) Gross proceeds $ per share Calculate the total funds received by Howett Pockett from the sale of the 11.5 million shares of stock.(Enter your answer in millions of dollars rounded to 3 decimal places.) Funds received by Howett Pockett $ m HiLo, lnc., doesn't face any taxes and has $68.56 million in assets, currentty nanced entirely with equity. Equity is worth $6 per share, and book value of equity is equal to market value of equity. Also, let's assume that the rm's expected values for EBIT depend upon which state of the economy occurs this year, with the possible values of EBIT and their associated probabilities as shown below: Stale Pessimistic Optimistic Probability of state 0.40 0.60 Expected EBIT in state $ 1,971,100 $15,854,500 The rm is considering switching to a 25-percent-debt capital structure, and has determined that it would have to pay a 10 percent yield on perpetual debt in either event. What will be the standard deviation in EPS it the lm switches to the proposed capital structure? (Do not round intermediate calculations and round your nal answer to 2 decimal places.) Standard deviation in EPS $ 79.28 0 HiLo, lnc., doesn't face any taxes and has $68.56 million in assets, currently nanced entirely with equity. Equity is worth $6 per share, and book value of equity is equal to market value of equity. Also, let's assume that the rm's expected values for EBIT depend upon which state of the economy occurs this year, with the possible values of EBIT and their associated probabilities as shown below: State Pessimistic Optimistic Probability of state 0.40 0.60 Expected EBIT in state 5 1,971,100 $15,854,500 The rm is considering switching to a 25percent-debt capital structure, and has determined that it would have to pay a 10 peroent yield on perpetual debt in either event. What will be the standard deviation in EPS if the rm switches to the proposed capital structure? (Do not round intermediate calculations and round your nal answer to 2 decimal places.) Standard deviation in EPs $ 79.36 0 HiLo, lnc., doesn't taoe any taxes and has $68.56 million in assets, currently nanced entirely with equity. Equity is worth $6 per share, and book value of equity is equal to market value of equity. Also, let's assume that the rm's expected values for EBIT depend upon which state of the economy occurs this year, with the possible values of EBIT and their associated probabilities as shown below: State Pessimistic Optimistic Probability of state 0.40 0.60 Expected EBIT in state $ 1,971,100 $ 15,854,500 The rm is considering switching to a 25-percentdebt capital structure, and has determined that it would have to pay a 10 percent yield on perpetual debt in either event. What will be the standard deviation in EPS it the rm switches to the proposed capital structure? (Do not round intermediate calculations and round your nal answer to 2 decimal places.) Standard deviation in EPS $ 1.31 Hints References eBook 8: Resources I-lint 'l