for Class $7$

i

$2$

Dickson Corporation is comparing two different capital structures. Plan I would result in $34,000$ shares of stock and $$97,500$ in debt. Plan II would result in $28,000$ shares of stock and $$292,500$ in debt. The interest rate on the debt is $6$ percent. Assume that EBIT will be $$135,000.$ An all$-$equity plan would result in $37,000$ shares of stock outstanding. Ignore taxes. What is the price per share of equity under Plan I? Plan II$?($Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

$\backslash$table$[[$Plan I,$],[$Plan II$,]]$