KD Industries has 30 million shares outstanding with a market price of $20 per share and no debt. KD has had consistently stable earnings, and pays a 35% tax rate. Management plans to borrow $200 million on a permanent basis through a leveraged recapitalization in which they would use the borrowed funds to repurchase outstanding shares.

(For Q1-3: write your answer as integer number only, e.g., "$1,000,000" as "1").

1. Before the Recap, the value of KD's unlevered equity is _____ million;

2. After the recapitalization, the total value of KD as a levered firm is _____ million;

3. After the recapitalization, the value of KD's levered equity is _______ million;

4. After the recapitalization, the share price of KD's stock is $_______. (Please write the number with two decimal points without the dollar sign, e.g. "$10" as "10.00")