Question: Green box is solutions. Explain how to get to the solutions. C requires a written answer. Answer using EXCEL please hattting Corp is trading at

Green box is solutions. Explain how to get to the solutions. CGreen box is solutions. Explain how to get to the solutions. C requires a written answer. Answer using EXCEL please

hattting Corp is trading at $65.00 per share. The company is now considering a recapitalization. It wants to add $100 million of debt and would nticipate keeping the debt for a long time. The cost of debt is estimated to be 6.5%. CHATTING would use the debt to issue a dividend to hareholders or repurchase shares. Remember that CHATTING has 70.6 million shares outstanding and its tax rate is 20%

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