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READ: Please let me know if the answers/ solutions in the green column are in fact the correct answers; Please briefly explain why correct and

READ: Please let me know if the answers/ solutions in the green column are in fact the correct answers; Please briefly explain why correct and IF NOT Correct: Please work out the problem and explain how to do it image text in transcribed
Wiley Co, has no debt ourstanding and a total market value of $500,000, t8it is projected to be $50,000. The company is considering a $90,000 debt issue with an interest rate of 10 percent. The proceeds will be used to repurchase shares of stock. There are currently 5,000 shares outstanding. 1gnore taxes. Assume the stock price remains constant. a) Calculate the Eps before any debt issue b) Calculate the EpS fiter debt issue

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