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An all - equity firm has 3 million shares outstanding and is considering borrowing $ 5 million at an annual rate of 7 % and
An allequity firm has million shares outstanding and is considering borrowing $ million at an annual rate of and using the proceeds to buy back onefourth of its outstanding shares. What is the BreakEven EBIT? What is the EPS for each capital structure unlevered and levered at the BreakEven EBIT? What is the EPS for each capital structure at an EBIT of $ million? What is the EPS for each capital structure at an EBIT of $
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