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Compute the DFL for the Merck Photocopiers, if they operate at an EBIT level of 199216 have interest cost 77357 and need to pay a

Compute the DFL for the Merck Photocopiers, if they operate at an EBIT level of 199216 have interest cost 77357 and need to pay a fixed dividend of 5 on 1200 Preferred stock. The company comes in a 30% tax bracket.

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