Shearin Corp is an all equity firm with EBIT equal to $144,000. Its cost of equity is 16 percent. Currently, 30,000 shares are outstanding. There are no taxes. The usual M&M assumptions apply. Assume no taxes a. b. What is the value of the unlevered firm? | What is the price per share? What is the firm's WACC? C. The directors of Shearin have decided to borrow $360,000 at 9 percent and use the proceeds to purchase common stock on the open market. d. e. f. What is the value of the levered firm? What is the price per share after restructuring? How many shares will remain outstanding after the restructure? What is the levered firm's WACC