Irving Corp is currently all equity is considering a $555000 debt issue maintain a debt equity ratio of 0.40 in the capital structure following MAM Propositios 1. The interest rate in die is the There are currently 75000 shares outstanding. The Earnings before interest and takes is expected to remain constant at 000005. The debt proceeds are wed to repurchase the shares a Compute the current EPS and EPS after change in the capital structure if the firm has a constant pay out rate of 75%. Show the steps of calculating share price and number of state repurchases under proposed capital structure. (points) b. If you own 4440 worth of stock in this company what is your total cash flow if the pay out rate under the current capital structure? (3.5 points) a Compute the number of shares repurchased from you and the total cash flow you will receive under the new capital structure? (3.5 points) the ALT F10 Por ALTOFN+F10 Mac