uestion 17 (12 points) Suppose that Sigma has decided to issue debt financing and use the proceeds to purchase some of its shares from the open market. What fraction of the firm's 993 million shares does the firm need to repurchase so as to make its interest-bearing debt ratio equal to that of CSL? If Sigma had carried out the transaction by issuing bonds with an annual interest rate of 8%, what would its earnings per share have been in 2017? Paragraph BIU ... Show working to calculate fraction of shares to repurchase below: A EX Page 6 of 7 uestion 17 (12 points) Suppose that Sigma has decided to issue debt financing and use the proceeds to purchase some of its shares from the open market. What fraction of the firm's 993 million shares does the firm need to repurchase so as to make its interest-bearing debt ratio equal to that of CSL? If Sigma had carried out the transaction by issuing bonds with an annual interest rate of 8%, what would its earnings per share have been in 2017? Paragraph BIU ... Show working to calculate fraction of shares to repurchase below: A EX Page 6 of 7