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Company decided to change its capital structure. Long term loan will be increased from 3 mio to 20 mio. Interest rate for loan is 9%

Company decided to change its capital structure. Long term loan will be increased from 3 mio to 20 mio.
Interest rate for loan is 9% annually. Additional laon will be used for share bayback.
Company has 2 mio shares in the marekt with current price of 17.00 euros.
Find a break-even EBIT level
Find EPS with break-even EBIT

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