bonds outstanding that pay

11%

annual interest. The firm also has 29 million shares of common stock outstanding that sells for

$23

per share\ a. Based on LexMart's current annual NOP of

$23,500,000

and its corporate tax rate of

30%

, what is its EPS? the expansion?\ c. After the expansion, what level of annual NOP will LexMart have to generate to maintain its current level of EPS?\ a. LexMart's current EPS is

$

(Round to three decimal places )

EPS, Debt-to-Equity, Breakeven point LexMart maintains a debt-to-equity ratio of 10 regardless of whether the firm expenences expansion or contraction At the present tirne, LexMart has $1,000 par value bonds outstanding that pay 11% annual interest The firm also has 29 million shares of common stock outstanding that sells for $23 per share a. Based on LexMart's current annual NOP of $23,500,000 and its corporate tax rate of 30%, what is its EPS? b. If LexMart would like to finance a $65 million expansion while maintaining it's current debt-to-equity ratio of 10 , how many bonds at $1,000 per bond and shares of stock will it have to sell to pay for the expansion? c. After the expansion, what level of annual NOP will LexMart have to generate to maintain its current level of EPS? a. LexMart's current EPS is : (Round to three decimal places) EPS, Debt-to-Equity, Breakeven point LexMart maintains a debt-to-equity ratio of 10 regardless of whether the firm expenences expansion or contraction At the present tirne, LexMart has $1,000 par value bonds outstanding that pay 11% annual interest The firm also has 29 million shares of common stock outstanding that sells for $23 per share a. Based on LexMart's current annual NOP of $23,500,000 and its corporate tax rate of 30%, what is its EPS? b. If LexMart would like to finance a $65 million expansion while maintaining it's current debt-to-equity ratio of 10 , how many bonds at $1,000 per bond and shares of stock will it have to sell to pay for the expansion? c. After the expansion, what level of annual NOP will LexMart have to generate to maintain its current level of EPS? a. LexMart's current EPS is : (Round to three decimal places)