Last Minute Company currently has a debt-equity ratio of 1/9. The stock price is $50 and there are 180,000 shares outstanding. The CFO is proposing a recapitalization plan to borrow $2,000,000 and use the proceeds to buy back shares. They can borrow at 5% and their tax rate is 40%. Based on this information, please fill in the following blanks. 1. The annual interest expense for the $2,000,000 debt is $ 2. The annual interest tax shield for the $2,000,000 debt is $ 3. The present value of the interest tax shield for the $2,000,000 debt is $ 4. The market value of the existing debt before the repurchase announcement is $ 5. The market value of the TOTAL debt after the repurchase has taken place is $ 6. The market value of the equity before the repurchase announcement is $ 7. The market value of the equity after the repurchase has taken place is 5 8. The number of shares repurchased is (round to the nearest integer please) 9. The share price per share after the repurchase has been announced (use 2 digits after the decimal please) 5 10. The hypothesis which explains the immediate reaction of the stock price to the repurchase announcement is called the hypothesis