Rise Against Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a...

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Rise Against Corporation is comparing two different capitalstructures, an all-equity plan (Plan I) and a levered plan (PlanII). Under Plan I, the company would have 185,000 shares of stockoutstanding. Under Plan II, there would be 135,000 shares of stockoutstanding and $2.29 million in debt outstanding. The interestrate on the debt is 5 percent and there are no taxes.

Use M&M Proposition I to find the price per share.(Round your answer to 2 decimal places. (e.g.,32.16))
  Share price $  per share

What is the value of the firm under each of the two proposedplans? (Do not round intermediate calculations and roundyour final answers to the nearest whole dollar amount. (e.g.,32))

  All equity plan $
  Levered plan $

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Rise Against Corporation is comparing two different capitalstructures, an all-equity plan (Plan I) and a levered plan (PlanII). Under Plan I, the company would have 185,000 shares of stockoutstanding. Under Plan II, there would be 135,000 shares of stockoutstanding and $2.29 million in debt outstanding. The interestrate on the debt is 5 percent and there are no taxes. Use M&M Proposition I to find the price per share.(Round your answer to 2 decimal places. (e.g.,32.16)) Share price$ per share What is the value of the firm under each of the two proposedplans? (Do not round intermediate calculations and roundyour final answers to the nearest whole dollar amount. (e.g.,32)) All equity plan$ Levered plan$