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4 Room and Board is considering two capital structures that have a break-even EBIT of $27,000. The all-equity capital structure would have 16,600 shares outstanding.

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4 Room and Board is considering two capital structures that have a break-even EBIT of $27,000. The all-equity capital structure would have 16,600 shares outstanding. The Invered capital structure would have 12.250 shares of stock and $90,000 of debt. What is the interest rate on the debt? ignore taxes, Multiple Choice 705% Oo 76 5.24 1190

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