ng 's * 16,065 Case 1 The following table demonstrates the projected figures of the Companies A, B and C for 2021. Table (1): Projected Figures for 2021 Outstandi Interest Net Shareholder Compan Number Expense Profit of Loan* Equity* Shares** A 1,723 830 5,892 39 B 5,045 605 2,320 24,799 386 2,314 352 2,475 12,563 52 *All the figures are in CAD millions. **Number of Shares are in millions. The following graph shows the movement in lending rates in Jan-Dec of 2021 Jan Feb March April May June July August Sep Oct Nov Dec 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 10.24% 10.15% 10.03% 9.94% 9.93% 9.85% 9.77% 9.7% 9.62% 9.66% 9.56% 9.51% The companies pay their installments semi-annually; one in June and another one in December. As the interest rates fell sharply, all the three companies renegotiated the interest rates on their outstanding loans in May 2017. Corporate Tax rate for all the three companies is 25%. a) Calculate the Earnings per Share (EPS) and Return on Equity (ROE) of all the three companies for 2021 b) Calculate the revised Earning per Share (EPS) and Return on Equity (ROE) of all the three companies after renegotiation c) Explain how you reached the numbers the answer sheet. You can incorporate any additional assumption behind your calculation