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Find the breakeven (loss level) EBIT if the firm has $125m with a rate of 4.6% and $11m of preferred stock which has a $1.55

Find the breakeven (loss level) EBIT if the firm has $125m with a rate of 4.6% and $11m of preferred stock which has a $1.55 dividend per share. The firm has a 40% tax rate.

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