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Assume Macbeth Spot Removers like in the lecture, as a 1 0 0 % equity financed firm. There are 1 0 4 0 6 outstanding

Assume Macbeth Spot Removers like in the lecture, as a 100% equity financed firm. There are 10406 outstanding shares, the current share price is 4, the firm expects to generate operating income of 14944. Now assume the firm implements a levered recap, where half the existing equity is replace by debt yielding i=0.03. Under the levered recap, by how much does EPS increase in absolute terms? Round your answer precise to 2 digits after the comma. (E.g. if EPS before is 1.50 and afterwards is 1.60, your answer would be "0.10")

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