A firm is contemplating investment to the tune of Rs.750 million on an expansion plan. The firms current ROI is 20%, and the proposed investment will improve it to 25%. The current investment is Rs.1000 million. The firms current debt to equity ratio is 1:1. The existing cost of debt at 15%. The equity share capital is represented by 10 million shares, which are currently traded at Rs.300 per share. New debt can be raised at 18% and new equity shares cannot be issued at a price more than the current market price. Perform EPS-EBIT analysis for choosing between the options 100% debt and 100% equity for financing the proposed expansion. The applicable corporate tax rate is 30%.