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2. Problem 13.02 (Optimal Capital Structure) ebook Terrell Trucking Company is in the process of setting its target capital structure. The CFO believes that the

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2. Problem 13.02 (Optimal Capital Structure) ebook Terrell Trucking Company is in the process of setting its target capital structure. The CFO believes that the optimal debt-to-capital ratio is somewhere between 20% and 50%, and her statt has compiled the following projections for EPS and the stock price at various debt levels Debit/Capital Ratio Projected EPS Projected Stock Price 20% $3.05 $34.75 30 355 36.50 40 3.8 50 3.55 32.25 Asuming that the time only debt and common equity, what is Terrell's optimal capital structure? Choose from the options provided above. Round your answers to two decimal places ary Web At what to capture is the company wace med? Choose from the options provided above. Round your answer to two decimal placer

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