3. Break-even EBIT (with and without taxes). an all-equity firm and the other a levered firm with $0.92 million of debt financing at 6% interest. The all-equity firm will have a value of $4.6 million and 460,000 shares outstanding. The levered firm will have 368,000 shares outstanding. Alpha Company is looking at two different capital structures, one Ga. Find the break-even EBIT for Alpha Company using EPS if there are no corporate taxes. b. Find the break-even EBIT for Alpha Company using EPS if the corporate tax rate is 40%. c. What do you notice about these two break-even EBITs for Alpha Company? a. What is the break-even EBIT for Alpha Company using EPS if there are no corporate taxes? (Round to the nearest dollar.) b. What is the break-even EBIT for Alpha Company using EPS if the corporate tax rate is 40%? (Round to the Round to the nearest dollar.) c. What do you notice about these two break-even EBITs for Alpha Company? (Select from the drop-down menu.) The addition of a tax rate (1) the all-equity firm and the levered firm. the break-even point on the company EBIT as the tax rate impacts both (1) changes does not change