The Presley Corporation Is about to go public . It currently' has aftertax Earnings Of $1. god, Odd and 2, 800,000 shares are owned by the present stockholders ( the Presley family; . The new public issue will represent God, add new shares . The new shares will be priced to the public at 520 per share , with a 4 percent Spread on the offering price . There will also be $210, 0do in { I out- of-pocket costs to the Corporation . ( a ) Compute the net proceeds to the Presley Corporation . (Omit the " I " sign in your response . ] NET PROCEEDS ( 4 ) Compute the earnings per share immediately before the stock issue . ( Round your answer to 2 decimal places . Omit the " I " sign in your response . !` Earnings per share* ( C ) Compute the Earnings per share immediately after the stock issue . ( Round your answer to 2\\ decimal places . Omit the " I " sign in your response . ! Earnings PER Share ('d ) Determine what rate of return must be earned on the net proceeds to the corporation so there will not be a dilution in Earnings per share during the year of going public . ( Round your intermediate and final answer to 2 decimal places . Omit the " " " sign in your response . ! Rate of return