Shifty Co. issues a 20-year bond, increasing its total debt by $5 million. The current stock price of Shifty Co. is $50 per share. There are 1 million shares of the stock outstanding. The stock earned $3.60 per share in the last 12 months. The company PE ratio is 10. What will happen to the price of the stock if Shifty uses the money from the bond to buy shares of its stock keeping everything else without any changes? (Hint: You will need to find the new outstanding number of shares and EPS) (15 points)