VanMannen Foundations, Inc. (VF) is a zero-growth company that currently has zero debt, and it has the data shown below. $80,000 0% 10.0% EBIT = Growth = Orig cost of equity, rs = No. of shares = Price per share = Tax rate = 10,000 $60.00 25% Refer to the data for VanMannen Foundations, Inc. (VF). Now assume that VF is considering changing from its original zero debt capital structure to a new capital structure with even more debt. This results in changes in the cost of debt and equity, and thus to a new WACC and a new value of operations. Assume VF raises the amount of new debt indicated below and uses the funds to purchase and hold T-bills until it makes the stock repurchase. What is the stock price per share immediately after issuing the debt but prior to the repurchase? 40% $280,702 Debt/Value = Equity/Value = Value of new debt = New WACC = 60% 8.55% O a. $77.37 O b. $70.18 O c. $81.24 O d. $73.68 O e. $66.67