Presley Corp is going public current after tax earnings are 7900000 and 280000

Presley Corp is going public current after tax earnings are 7900000 and 2800000 share are owned by present stockholders . The new public offering
represents 600000 new share sthe new shares will be priced to the public at $20 a share with a 4% spread on the offering price there will be 210000 in out of
pocket cost tot he corporation

a=Compute net proceeds to the presley corp

b=Compute EPS immediatly before the stock issue

c=Compute the earnings per share immediatly after the stock issue

d= determine what rate of return must be earned on the net proceeds to the corporation so there will be a dilution of earnings per share during the year going
public

e=determine what rate of return must be earned on the proceeds of the corporation so there will be 5% increase in EPS during the year going public (round
answers to 2 decimal places