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 Economy Slump Normal Boom Profits before interest $76,000 127,000 188,500 Suppose it now issues $250,000 of debt at an interest rate of 10% and uses the proceeds to repurchase 2500 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 miss not round intermediate calculations. Round "Earnings per share" to 3 decimal places. Enter "Return on shares" as a percent rounded to 2 decimal places) Number of shares Price per share Market value of shares Market value of debt State of the Economy Normal Boom Profits before interes Interest Equity eamings Earnings per share Retun on shares 76,000 127,000 188.500 Expected Outcome