1. Hamada Inc has decided to undertake a capital restructuring that involves increasing its existing $60 million in debt to $100 million. The interest rate on the debt is 9 percent and is not expected to change. The firm currently has 10 million shares outstanding, and the price per share is $50. If the restructuring is expected to increase the ROE, what is the minimum level for EBIT that Hamada Inc management must be expecting? Ignore taxes in your