JJs latest stock price is $$2\mathrm{.}25$ per share, and it has $325$ million shares outstanding. Book Value of equity is $$225$ million, and the book value of debt is $$425$ million. The assumed cost of debt is $7\%.$ The beta of its equity is $1\mathrm{.}75.$ The RF rate is $3\mathrm{.}5\%$ and the ER on the market is $9\mathrm{.}5\%.$ Assume that there are no taxes or other market imperfections.What is JJs asset cost of capital $($pre$-$tax WACC$)?$ Assume that JJs issues an additional $$110$ million in debt and uses the proceeds to buy back equity. What is JJs asset cost of capital $($pre$-$tax WACC$)$ after recap? After recap, JJ$\text{'}$s cost of debt now becomes $7\mathrm{.}6\%.$ What is JJs cost of equity after recap? From the standpoint of JJs$.$ what is the net present value $($NPV$)$ of the recap?