con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/ 12 ir Assignment i Saved Help Save & Exit Submit Check my work Date Wireless has the following assets: Current assets: Temporary $1, 140,000 Permanent 1, 280, 000 Capital assets 7, 700,000 Total assets $10, 120,000 Its operating profit (EBIT) is expected to be $2.4 million. Its tax rate is 40 percent. Shares are valued at $25. Capital structure is either short-term financing at 6 percent or equity. There is no long-term debt. (Round the final answers to 2 decimal places.) a. Calculate expected earnings per share (EPS) if the firm is perfectly hedged. EPS $ b. Calculate expected EPS if it has a capital structure of 40% debt. EPS $ c. Recalculate a and b if short-term rates go to 11 percent. EPS 9 O archIts operating profit (EBIT) is expected to be $2.4 million. Its tax rate is 40 percent. Shares short-term financing at 6 percent or equity. There is no long-term debt. (Round the final a. Calculate expected earnings per share (EPS) if the firm is perfectly hedged. EPS b. Calculate expected EPS if it has a capital structure of 40% debt. EPS hs c. Recalculate a and b if short-term rates go to 11 percent. EPS Hedged LA Capital structure video earch O 9