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LXR Corp has just paid a dividend per share of $ 1 . 8 9 . The investor required rate of return is 1 2

LXR Corp has just paid a dividend per share of $1.89.
The investor required rate of return is 12.3%
Dividends are expected to grow at 3.0% for the foreseeable future.
There are 46.1 million shares outstanding.
It has issued bonds that have a current market value of $100 million.
The firm plans to make an open market repurchase of its shares worth $97 million.
Assume perfect capital markets.
What is the current share price?
S
(Give answer to 2 decimal places)
What is the firm's market capitalisation? In millions
$ millions (Give answer in millions to 2 decimal places)
What is the firm's current debt to equity ratio?
%(Give answer as a percentage to 2 decimal places)
If the repurchase happens, how many shares will be repurchased?
millions (Give answer in millions of shares to 2 decimal places)
What will happen to the share price after the repurchase?
What is the new debt to equity ratio?
%(Give answer as a percentage to 2 decimal places)
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