Question: can someone help me with this practice problem Hawar International is a shipping firm with a current share price of $474 and 1 million shares

can someone help me with this practice problem
can someone help me with this practice problem Hawar International is a

Hawar International is a shipping firm with a current share price of $474 and 1 million shares outstanding Suppose that Huwar announces plans to lower its corporate taxes by borrowing $20.9 million and repurchasing shares that Hawar pays a corporate tax rate of 30%, and that shareholders expect the change in debt to be permanent a. If the only perfection is corporate taxes what will be the share price for this announcement? b. Suppose the only imperfections are corporates and financial distress costs the share price rises to $499 atter the announcement, what is the pot tinancial distress costs Hawar wil incur as the result of this new det? a. I the only imporfection is corporate taxes what will be the share price after this announcement? The share price after this announcement w bo sper shore. Round to the nearest Cint)

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