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An all-equity financed firm has $500 in assets and the stock price is $25. If the firm restructures with 15 percent debt which creates interest

An all-equity financed firm has $500 in assets and the stock price is $25. If the firm restructures with 15 percent debt which creates interest expense of $43 per year and the firm's tax rate is 23 percent, what is the break-even EBIT

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