6. Break-Even EBIT and Leverage Honeycutt Co. is comparing two different capital structures. Plan I would result in 12.700 shares of stock and $109.250 in debt. Plan II would result in 9.800 shares of stock and $247.000 in debt. The interest rate on the debt is 10 percent #Ignoring taxes, compare both of these plans to an allequity plan assuming that EBIT will be $79.000. The allequity plan would result in 15,000 shares of stock outstanding. Which of the three plans has the highest EPS? The lowest? b. In part (a), what are the break even devels of EBIT for each plan compared to that for an all-equity plan is one higher than the other? Why