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Dickson Corporation is comparing two different capital structures. Plan I would result in 23,000 shares of stock and $81,000 in debt Plan II would result

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Dickson Corporation is comparing two different capital structures. Plan I would result in 23,000 shares of stock and $81,000 in debt Plan II would result in 17,000 shares of stock and $243,000 in debt. The interest rate on the debt is 7 percent. Assume that EBII will be $80.000. An all equily plan would result in 26,000 shares of stock outstanding Ignore taxes. What is the price per shate of equity under Plan I? Plan Il? Note: Do not round intermediote colculations and round your answers to 2 decimol ploces, e.g. 32.16

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