Please don't do it in excel format. Do now. Thank you

Jimbara Network Berhad has made the following forecast for the upcoming year based on the company's current capital structure: Interest expense: RM 2,000,000 EBIT: RM20,000,000 EPS: RM3.60 The company has RM20 million worth of debt outstanding and all of its debt yields 10%. The company's tax rate is 25%. The company's price earnings (P/E) ratio has traditionally been 12 times. The company's investment bankers have suggested that the company recapitalize. Their suggestion is to issue enough new bonds at a yield of 10% to repurchase 1 million shares of common stock. Jimbara Network expects that the stock can be repurchased at today's stock price of RM40. Assume that the repurchase will have no effect on the company's EBIT. However, the repurchase will increase Jimbara Network's Ringgit interest expense. Also, assume that as a result of the increased financial risk the company's price earnings (P/E) ratio will be 11.5 times after the repurchase. Calculate the expected year-end common share price if Jimbara Network proceeded with the recapitalization