Question: this is one problem. please help me with the entire problem. thank you. Kurz Manufacturing is currentyy an al equity firm wht 28 milion shares

this is one problem. please help me with the entire problem. thank you.
this is one problem. please help me with the entire problem. thank

Kurz Manufacturing is currentyy an al equity firm wht 28 milion shares outstanding and a shock price of $9.00 per share. Athough investors currently expect Kurz to remsin an all-equity firm, Kurz plans to announce that it will borrow $60 milion and use the funds to repurchase shares. Kurz wil pay interest only on this debt, and it has no further plans to increase or decrease the arnount of debt. Kurz is subject to a 25% corporate tax rate. a. What is the market value of Kurz's existing assets before the announcement? b. What is the marbet value of Kurz's assets (including any tax shields) just afor the debt is issued, but before the shares are repurchased? c. What is Kurz's share price just before the share repurchase? How many shares will Kurz tepurchase? d. What are Kurz's market value balance sheet and share price after the share ropurchase? a. What is the market value of Kurz's exising assets before the announcemert? The maket value of Kurz's exising assets before the announcement is 4 millon. (Round to one decimal place) b. What is the market value of Kurx's assets (ncluding any tax shielde) just aflor the debt is issued, but belore the shares are repurchased? The market value of Kurz's assets (including any tax sheids) just atier the debt is issued, but before the shares are repurchased, is 1 milbon. (Roound io one decimal place ) c. What is Kurr's share price just betore the share repurchase? How mary shares wil Kurz repurchase? Kurz's share price just belore the share repurchase is 5 (Round to two decmal places) Shares to be repurchased are milion. (Round to three decimal plsces.) a. What are Kur's market value balance sheot and ahare price after the share repurchase? Market value of assets afler share repurchase is $ mition. (Round to one decimal place) Detk after share repurchase is { milion. (Round to the nearest millon.) Market value of equity after share repurchase is $ milion. (Pround to one decmal place.) Share price aher repurchase is 5 (Round to two docimal places)

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