lodigliani \& Miller Propositions You oporate an all-equity financed company in pertect markets and generate earnings before interest and tax of $350,000, Your in has just sold $2 million worth of 3.5% coupon rate bends and plans to use the proceeds to buy back outstanding shares of stock. Your firm's industry requires a 75\% ROA. Calculate the market price and required roturn for your firm's stock just prior to the repurchase. Caloulate the market price and required retum fer your firm's stock just after the repurchase? The market price of your firm's slock just prior to the repurchase is s (Round to the nearest dollar.) 2. The manket price ol your firmis slock just aflor the repurchase is 3 . (Round to the nearest doliar) The required ieturn on your firm's stock just after the repurchase is 1. (Round to two decimal placess)