116 3 A company is considering a project that would cost $3,000,000, which would be financed with the issue of new shares Currentlythe company's book was and its EPS is $120. If the company proceeds with the project, its EPS is expected to increase to 51.25. Assume the company's current PE ratio of 12 would the company proceeds with the project, what is expected to be its new market value per share? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omnit any command the Sign in your porse Forum should be entered as 1000.50 A company is considering project that would cost $3.000.000, which would be financed with the issue of new shares Currently, the company's book value the share is $12 and EPS 5120 in the company proceeds with the project, its EPS is expected to increase to $125. Assume the company's current pratio of 12 would remain contant the company proceeds with the project, what is expected to be a new market value per there? Darrera Hound the final answer to 2 decimal places Omit any commes and the sign in your respon. For an answer of 51000 50 When 1000 50