fast bro

General motors is an all-equity firm with 42,500 shares of stock outstanding. The company is considering the issue of $290,000 in debit at an interest rate of 8 percent and using the proceeds to repurchase stock. Under the new capital structure, there would be 20,000 shares of stock outstanding. Ignore taxes. What is the break-even EBIT between the two plans? For the toolbar, press ALT+F10 (PC) or ALT+F+F10 (MK3 BIVS Paragraph Art 4 10pt M 2 XB GO 6 FRE 20 X X