River Cruises is all-equity-financed Current Data Number of shares Price per share Market value of shares 100,000 10 $1,000,000 State of the Econom Slump Norma.1 Boom Profits before interest $ 78,250 131,500 193,000 Suppose it now issues $250,000 of debt at an interest rate of 10% and uses the proceeds to repurchase 25,000 shares Assume that the firm pays no taxes and that debt finance has no impact on firm value. Refer to the above table to compute the missing data. (Do not round intermediate calculations. Round "Earnings per share" to 3 decimal places Enter "Return on shares" as a percent rounded to 2 decimal places.) Outcomes Number of shares Price per share Market value of shares Market value of debt State of the Economy Normal Slump Boom 78,250 Profits before interest Interest Equity earnings Earnings per share Return on shares 131,500 193,000 Expected Outcome