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ABC Company is considering two different capital structures. The first option is an all - equity firm with 1 8 , 4 0 8 shares

ABC Company is considering two different capital structures. The first option is an all-equity firm with 18,408 shares of stock. The second option consists of 3,656 shares of stock plus $54,442 of debt at an interest rate of 5.2%. Assume no taxes. What is the break-even level of Earnings before Interest and Taxes (EBIT) between the two capital structure options? use excel functions for work

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