The Presley Corporation is about to go public. It currently has aftertax earnings of $$7,100,000,$ and $3,200,000$ shares are owned by the present stockholders $($the Presley family$).$ The new public issue will represent $900,000$ new shares. The new shares will be priced to the public at $$25$ per share, with a $5$ percent spread on the offering price. There will also be $$250,000$ in out$-$of$-$pocket costs to the corporation.

Compute the net proceeds to the Presley Corporation.

Note: Do not round intermediate calculations and round your answer to the nearest whole dollar.

answer: $21125000$

Compute the earnings per share immediately before the stock issue.

Note: Do not round intermediate calculations and round your answer to $2$ decimal places.

answer: $2\mathrm{.}21$

Compute the earnings per share immediately after the stock issue.

Note: Do not round intermediate calculations and round your answer to $2$ decimal places.

answer: $1\mathrm{.}73$

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.

Note: Do not round intermediate calculations. Enter your answer as a percent rounded to $2$ decimal places.

answer HOW DO YOU SOLVE THIS???

Determine what rate of return must be earned on the proceeds to the corporation so there will be a $5$ percent increase in earnings per share during the year of going public.

answer: HOW DO YOU SOLVE THIS?

Note: Do not round intermediate calculations. Enter your answer as a percent rounded to $2$ decimal place.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.

Note: Do not round intermediate calculations. Enter your answer as a percent rounded to $2$ decimal places.

Answer is complete but not entirely correct.

e$.$ Determine what rate of return must be earned on the proceeds to the corporation so there will be a $5$ percent increase in

earnings per share during the year of going public.

Note: Do not round intermediate calculations. Enter your answer as a percent rounded to $2$ decimal places.

Answer is complete but not entirely correct.