The Metallica Heavy Metal Mining (MHMM) Corporation wants to diversify its operations. Some recent financial information for the company is shown here: Stock price $74 Number of shares 30,000 Total assets $9,800,000 Total liabilities $4,700,000 Net income $420,000 MHMM is considering an investment that has the same PE ratio as the firm. The cost of the investment is $640,000, and it will be financed with a new equity issue. The additional net income is $52,704. What is the new stock price per share? $14$57.44$64.65$74$83.29 The Metallica Heavy Metal Mining (MHMM) Corporation wants to diversify its operations. Some recent financial information for the company is shown here: Stock price $74 Number of shares 30,000 Total assets $9,800,000 Total liabilities $4,700,000 Net income $420,000 MHMM is considering an investment that has the same PE ratio as the firm. The cost of the investment is $640,000, and it will be financed with a new equity issue. The additional net income is $52,704. What is the old book value (of equity) per share? $156.67 $483.33 $326.67 $170 $74 The Metallica Heavy Metal Mining (MHMM) Corporation wants to diversify its operations. Some recent financial information for the company is shown here: Stock price $74 Number of shares 30,000 Total assets $9,800,000 Total liabilities $4,700,000 Net income $420,000 MHMM is considering an investment that has the same PE ratio as the firm. The cost of the investment is $640,000, and it will be financed with a new equity issue. The additional net income is $52,704. What is the new book value per share? $148.52 $156.67 $170 $131.96 $191.33