LeapFrog is a company listed on the securities market with a market capitalisation of $195$ M$$ and a share price of $15.$ The return on equity requirement is $9\%$ and earnings per share, or EPS, are $1\mathrm{.}35.$ Leapfrog is not expected to grow in the future, i$.$e$.$ the company's free cash flow will remain at its current level, net investments will be zero and net working capital will not change.

The company is now fully financed by equity. However, LeapFrog intends to take on debt to buy its own shares and cancel them. Creditors intend to keep the ratio to enterprise value at $30\%.$ The debt$-$related borrowing cost is $3\mathrm{.}2\%.$

What is the enterprise value of LeapFrog after the capital structure change? $[$k$]$

LeapFrog decides to use an alternative financing policy: The company takes on $16$ M$$ of debt, the amount of which it considers constant in the future. It uses the debt to buy its own shares and cancel them.

After the capital restructuring, how much does LeapFrog pay in income taxes each

year? $[$k$/$year$]$

How much would LeapFrog pay annually in income taxes if it didn't take on debt? $[$k$/$year$]$

What will be the market value of LeapFrog's equity after the capital restructuring? $[$k$]$

Efficient markets take the change in capital structure into account in share valuation as soon as information about the change in capital structure becomes public. What is the share price when information about the change in capital structure has become public, but the company's own shares have not yet been purchased? $[$x$.$xx $/$share$]$