River Cruises is allequity-financed Suppose it now issues $250 , 000 of debt at an interest rate of 103 and uses the proceeds to repurchase 25,000 shares. Assume that the firm pays no taxes and that debt finance has no impact on firm volue. Refer to the above table to compute the missing data Note: Do not round intermediate calculations. Round "Earnings per share" to 3 decimal places. Enter "Return on shares" as a percent rounded to 2 decimal places. .

1. River Cruises is allequity-financed Suppose it now issues $250 , 000 of debt at an interest rate of
103 and uses the proceeds to repurchase 25,000 shares. Assume that the firm pays no taxes and
that debt finance has no impact on firm volue. Refer to the above table to compute the missing
data Note: Do not round intermediate calculations. Round "Earnings per share" to 3 decimal
places. Enter "Return on shares" as a percent rounded to 2 decimal places.