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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 equity financed firm. There are outstanding shares, the current share price is the firm expects to generate operating income of Now assume the firm implements a levered recap, where half the existing equity is replace by debt yielding i Under the levered recap, by how much does EPS increase in absolute terms? Round your answer precise to digits after the comma. Eg if EPS before is and afterwards is your answer would be
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