Question: 11 A document camera costs $74.00 in the U.S. I absolute purchasing power parily exists, what will the same document camera cost in Japan if

11 A document camera costs $74.00 in the U.S. I absolute purchasing power parily exists, what will the same document camera cost in Japan if the indirect quote is 102.822 O JPY7 711.50 JPY7,660.09 JPY7,608.68 JPY7,608.68 O JPY7.557 27 Universal Company is currently an all equity firm with a total market value of $10,000,000 with 1.200,000 shares of stock outstanding. The firm has expected EBIT of $1,440,000 if the economy is normal and $1,870,000 if the economy booms. The firm is considering a $4.500.000 bond issue with an attached interest rate of 6 percent. The bond proceeds will be used to repurchase shares. Ignore taxes. What will the earnings por share be after the repurchase if the economy is normal? 1.73 @ 1.75 O 1.77 O 1.79 1.81

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