Pulp Paper Company and Holt Paper Company are each able to generate EBIT of $232,000. The separate capital structures for Pulp and Holt are presented below. Pulp Debt @ 8% Common stock Holt $1,5ee, eee 1,400, eee Debt @ 8% Common stock $1,1ee, eee 1,800,000 Total $2,900, eee Total $2,9ee, eee Common shares 280,000 Common shares 360,000 a. Compute EPS for both firms (assume a 40 percent tax rate). (Round the final answers to 2 decimal places.) Pulp Holt EPS $ $ b. Assuming a P/E ratio of 39 for each firm, what would be each firm's share price? (qo not round intermediate calculations. Round the final answers to 2 decimal places.) Pulp Share price $ Holt $ C. Assume the P/E ratio would be 36 for the riskier company in terms of heavy debt utilization in the capital structure and 47 for the less risky firm. What would the share price now be for each firm? (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Pulp $ Holt Share price