Cote D'Azur Ltd has decided in favor of capital restructuring plan. The plan involves increasing its existing $80 million in debt to $110 million. The interest rate on the debt is 9% and is not expected to change. The firm currently has 10 million shares outstanding, and the price per share is $50. If the restructuring is expected to increase the ROE, what is the minimum level for EBIT that Cote D'Azur Ltd management must be expecting? Ignore taxes in your answer. Cote D'Azur Ltd has decided in favor of capital restructuring plan. The plan involves increasing its existing $80 million in debt to $110 million. The interest rate on the debt is 9% and is not expected to change. The firm currently has 10 million shares outstanding, and the price per share is $50. If the restructuring is expected to increase the ROE, what is the minimum level for EBIT that Cote D'Azur Ltd management must be expecting? Ignore taxes in your