Intro Zambezi Corp. expects EBIT to vary with the state of the economy as follows: State of economy EBIT (in $ million) Boom 560 125 Base Bust -200 Zambezi doesn't have any long-term debt and has 81 million shares outstanding, currently trading at $8.17. Because of political connections, it doesn't pay any taxes. Part 1 - Attempt 1/10 for 10 pts. What are the expected earnings per share (EPS) during a boom? 1+ decimals Submit - Attempt 1/10 for 10 pts. Part 2 What are the expected earnings per share (EPS) during a bust? 24 decimals Submit Part 3 Attempt 1/10 for 10 pts. Zambezi now issues bonds worth $38 million to buy back some shares. How many shares are outstanding after the restructuring (in million)? 0+ decimals Submit Part 4 8 Attempt 1/10 for 10 pts. The interest rate on the debt is 6%. What are the expected earnings per share (EPS) during a boom after the restructuring? 1. decimals Submit IB Attempt 1/10 for 10 pts. Part 5 What are the expected earnings per share (EPS) during a bust after the restructuring? 2+ decimals Submit