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Please help quick! After a successful college football career, Tim Turbo partnered with Danny Waffle (naming themselves TD industries) to manufacture and distribute fruit pies.

Please help quick!

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After a successful college football career, Tim Turbo partnered with Danny Waffle (naming themselves TD industries) to manufacture and distribute fruit pies. On 1/1/2022, the company had one product that generated EBIT of $200,000 on 12/31 of each year (forever), with an asset beta of 1.25. The firm faced a tax rate of 40 percent, and the firm had no debt outstanding. At that time, the risk-free rate, RF, was 3 percent and the MRP was 5 percent. The firm had 100,000 shares outstanding, and all earnings were (and will always be) paid out as dividends. As you can calculate, the firm had a price / share of $12.97. On 1/2/2022 at 8:00 a.m., TD announced a new pie product: - The project required that the company spend $750,000 to purchase The Buckeye Grinder 2500 , a buckeye mashing machine. For tax purposes, the machine will not be depreciated since it will last forever. No working capital is required. - To fund the project, $X will be raised as perpetual debt, with an annual coupon rate equal to the risk-free rate, and interest paid annually. The balance of the funds needed will be raised as new equity. - The project increased the company's EBIT by $466,666.66 a year forever (starting on 12/31/2022). - The project had an asset beta of 1.7. Is you can calculate, when the market opened at 9:30 a.m., the price / share fully adjusted to the nnouncement, selling for $31.4208. The company then issued the new shares and debt, and plemented the project. W many shares are outstanding after the entire transaction is complete? Enter your answer as an eger, with no punctuation. For example, if your answer is 105,201.33, enter "105201". Canvas y insert a comma, showing "105,201". After a successful college football career, Tim Turbo partnered with Danny Waffle (naming themselves TD industries) to manufacture and distribute fruit pies. On 1/1/2022, the company had one product that generated EBIT of $200,000 on 12/31 of each year (forever), with an asset beta of 1.25. The firm faced a tax rate of 40 percent, and the firm had no debt outstanding. At that time, the risk-free rate, RF, was 3 percent and the MRP was 5 percent. The firm had 100,000 shares outstanding, and all earnings were (and will always be) paid out as dividends. As you can calculate, the firm had a price / share of $12.97. On 1/2/2022 at 8:00 a.m., TD announced a new pie product: - The project required that the company spend $750,000 to purchase The Buckeye Grinder 2500 , a buckeye mashing machine. For tax purposes, the machine will not be depreciated since it will last forever. No working capital is required. - To fund the project, $X will be raised as perpetual debt, with an annual coupon rate equal to the risk-free rate, and interest paid annually. The balance of the funds needed will be raised as new equity. - The project increased the company's EBIT by $466,666.66 a year forever (starting on 12/31/2022). - The project had an asset beta of 1.7. Is you can calculate, when the market opened at 9:30 a.m., the price / share fully adjusted to the nnouncement, selling for $31.4208. The company then issued the new shares and debt, and plemented the project. W many shares are outstanding after the entire transaction is complete? Enter your answer as an eger, with no punctuation. For example, if your answer is 105,201.33, enter "105201". Canvas y insert a comma, showing "105,201

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