Zetatron is an all-equity firm with 100 million shares outstanding, which are currently trading for $24.61 per share. A month ago, Zetatron announced it will change its capital structure by borrowing $279 million in short-term debt, borrowing $ 370 million in long-term debt, and issuing $404 million of preferred stock. The $1 comma 053 million raised by these issues, plus another $ 92 million in cash that Zetatron already has, will be used to repurchase existing shares of stock. The transaction is scheduled to occur today. Assume perfect capital markets.

a.i. What is the market value balance sheet for Zetatron before thistransaction?

Account Amount

Cash $ __________million(Round to the nearestinteger.)

Non-Cash Assets $___________million (Round to the nearestinteger.)

Total Assets $ ____________million (Round to the nearestinteger.)

Total Liabilities $ _____________million (Round to the nearestinteger.)

Total Equity $ __________million (Round to the nearestinteger.)

a.ii. What is the market value balance sheet for Zetatron after the new securities are issued but before the sharerepurchase?

Account Amount

Cash $ ____________million(Round to the nearestinteger.)

Non-Cash Assets $ _____________million(Round to the nearestinteger.)

Total Assets $ ___________million (Round to the nearestinteger.)

Total Liabilities $ ___________million (Round to the nearestinteger.)

Total Equity $___________ million (Round to the nearestinteger.)

a.iii. What is the market value balance sheet for Zetatron after the sharerepurchase?

Account Amount

Cash $ ___________million (Round to the nearestinteger.)

Non-Cash Assets $ _________million(Round to the nearestinteger.)

Total Assets $ _________ million(Round to the nearestinteger.)

Total Liabilities $ _________million (Round to the nearestinteger.)

Total Equity $ _________million(Round to the nearestinteger.)

b. At the conclusion of thistransaction, how many shares outstanding will Zetatronhave, and what will the value of those sharesbe?

At the conclusion of thistransaction, the number of shares outstanding Zetatron will have is

million (Round to two decimalplaces.)

The price per share will be $ ____________(Round to two decimalplaces.)