Pulp Paper Company and Holt Paper Company are each able to generate EBIT of $338,000. The separate capital structures for Pulp and Holt are presented below Pulp Holt Debt 13% Comon stock $1,350,000 1,250,000 Debt 13% Common stock $950,000 1,65e,eee Total $2,600,eee Total $2,600,000 Common shares 250,000 Common shares 330,000 201 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 ple ratio of 36 for each firm, what would be each firm's share price? (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Pulp Holt Share price C. Assume the PE ratio would be 31 for the riskier company in terms of heavy debt utilization in the capital structure and 42 for the less C. Assume the P/E ratio would be 31 for the riskier company in terms of heavy debt utilization in the capital structure and 42 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 $ d. Not available in Connect