Question: HELP ME PLEASE I WILL LIKE YOUR ANSWER Question 5 (1 point) Albemarle Corporation, currently an all-equity firm with 27,50 million shares outstanding, each worth

HELP ME PLEASE I WILL LIKE YOUR ANSWER

Question 5 (1 point) Albemarle Corporation, currently an all-equity firm with 27,50 million shares outstanding, each worth 23,50, is considering borrowing 41,50 to repurchase some of its stocks. Once the loan is issued, the corporation plans to maintain its capital structure constant. Albemarle is subject to a 27,00\% corporate tax rate. At what price will Albemarle repurchase its shares? Instructions: Round the result to two decimal places and do not put the "E" symbol in the answer box. For example if you get a result of 13.5412 then write 13.54 in the answer box below

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