The Hagerman Heavy Metal Mining $($H$2$M$2)$ Corporation wants to diversify its operations. Some recent financial information for the company is shown here:

Stock price $ $76$

Number of shares $30,000$

Total assets $ $8,600,000$

Total liabilities $ $4,400,000$

Net income $ $780,000$

H$2$M$2$ is considering an investment that has the same P$/$E ratio as the firm. The cost of the investment is $$750,000,$ and it will be financed with a new equity issue. The return on the investment will equal H$2$M$2$s current ROE