(Solved): Leverage Indifference. Top Corp. is considering a restructuring. Currently, it is all-equity finance ...

Leverage Indifference. Top Corp. is considering a restructuring. Currently, it is all-equity financed with

ordinary shares outstanding traded at

per share on the market. It is planning to borrow

at an annual interest rate of

to buy back some of its shares. Top has a tax rate of

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:

Two stages explicit dividents. Reliable Motors shares are expected to pay dividends of

, and

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

. The investor's required rate of return is

. Calculate the current value of Reliable's shares. Round your answer to the nearest cent