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The Metallica Heavy Metal Mining ( MHMM ) Corporation wants to diversify its operations. Some recent financial information for the company is shown here: Stock

The Metallica Heavy Metal Mining (MHMM) Corporation wants to diversify its operations. Some recent financial information for the company is shown here:
Stock price $ 50
Number of shares 25,000
Total assets $ 7,700,000
Total liabilities $ 3,700,000
Net income $ 640,000
MHMM is considering an investment that has the same PE ratio as the firm. The cost of the investment is $700,000, and it will be financed with a new equity issue.
The ROE on the investment would have to be ???percent
(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.)
if we wanted the price after the offering to be $50 per share (assume the PE ratio remains constant), and the NPV of the investment would be ????

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