URGENT! QUICKLY PLEASE DO QUESTION $23-28$ Please show the formulas of how to find these answers step by step without excel spreadsheet

Please use the following information to answer the next TWO questions.

Silver Corp. expects an EBIT of $$550,000$ every year forever. The firm currently has no debt, and its cost of equity is $20\%.$ The firm is thinking of borrowing $$650,000$ at $12\%$ and buying back shares. The corporate tax rate is $40\%.$

$23.$ What would be the value of the levered firm?

A$)$ $$1,650,000$

B$)$ $$1,910,000$

C$)$ $$1,260,000$

D$)$ $$1,390,000$

E$)$ $$2,750,000$

$24.$ What would be the firm's cost of equity and WACC, respectively, after the recapitalization?

A$)25\mathrm{.}78\%$;$19\mathrm{.}46\%$

B$)29\mathrm{.}90\%$;$22\mathrm{.}17\%$

C$)20\mathrm{.}00\%$;$15\mathrm{.}64\%$

D$)22\mathrm{.}48\%$;$17\mathrm{.}28\%$

E$)21\mathrm{.}63\%$;$16\mathrm{.}72\%$

$25.$ JKL Corp. is choosing between two capital structures: one is all equity and the other is a mix of debt and equity. The firm has just calculated that the breakeven EBIT between the two capital structures is $$400,000.$ If the firm expects its earnings to be $$500,000$ for the foreseable future, which capital structure should the firm choose?

A$)$ They should choose the capital structure with only equity because EPS will be higher.

B$)$ They should choose the capital structure with equity and debt because EPS will be higher.

C$)$ They should choose the capital structure with equity and debt because EPS will be lower.

D$)$ They should choose the capital structure with only equity because EPS will be lower.

E$)$ They are indifferent between the two capital structures.

$26.$ Holy Manure Inc. is currently an all$-$equity firm with a market value of $$49,000,000$ and a stock price of $$50$ per share. If the firm does a $10-$for$-7$ stock split, what will be the price per share after the split?

A$)$ $$35$

B$)$ $$50$

C$)$ $$71\mathrm{.}43$

D$)$ $$65$

E$)$ $$28\mathrm{.}57$

$27.$ Your firm is all$-$equity with $1$ million shares outstanding. The firm currently has $$80$ million in cash and expects future free cash flows of $$18$ million per year. Management is deciding whether to use the cash to either expand the firm's operations, which will in turn increase future free cash flows to $$25$ million per year, or to pay out the cash in a share repurchase. If the cost of capital of the firm's investments is $10\%,$ which option would be preferred by shareholders?

A$)$ Shareholders would prefer the repurchase since the share price will be $$7$ higher.

B$)$ Shareholders would prefer the expansion since the share price will be $$10$ higher.

C$)$ Shareholders would prefer the expansion since the share price will be $$7$ higher.

$($D$)$ Shareholders would prefer the repurchase since the share price will be $$10$ higher.

E$)$ Shareholders would be indifferent between the two options.

$28.$ LMN Corp. is going to announce on March $8^{th}$ that a $$4\mathrm{.}50$ per share dividend will be paid on May ${23}^{rd},$ to shareholders of record on April ${25}^{th}.$ If you want to buy XYZ$\text{'}$s shares and receive this $$4\mathrm{.}50$ per share dividend, you need to buy XYZ$\text{'}$s shares $($at latest$)$ on or before

A$)$ April ${23}^{rd}$

B$)$ March $5^{th}$

C$)$ May ${20}^{th}$

D$)$ April ${25}^{th}$

E$)$ April ${22}^{nd}$