Leverage Indifference.

Top Corp. is considering a restructuring. Currently, it is all$-$equity financed with $7,000,000$ ordinary shares outstanding traded at $$47$ per share on the market. It is planning to borrow $$7,250,000$ at an annual interest rate of $9\%$ to buy back some of its shares. Top has a tax rate of $34\%$

a$.$ The leverage$-$indifference EBIT is

s Number

Round your answer to the dollar.

b$.$ The leverage$-$indifference EPS is

s Number

Round your answer to the cent.

Remaining Time: $01$:$56$:$50$

Two stages explicit dividents.

Reliable Motors shares are expected to pay dividends of $$1\mathrm{.}65,$$$1\mathrm{.}70,$ and $$1\mathrm{.}20$ at the end of each of the next three years, respectively. The investor expects the price of the shares at the end of this $3-$year holding period to be $$51\mathrm{.}00.$ The investor's required rate of return is $10\%.$ Calculate the current value of Reliable's shares.

Round your answer to the nearest cent