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Given the following data for Corporation X: The corporation would like to raise P6 million to finance its new project. It has two options: Option
Given the following data for Corporation X: The corporation would like to raise P6 million to finance its new project. It has two options: Option C Finance the P6 million using debt at 10% interest Option F Finance the P6 million using common stock issuance at P1 per share price Given an EBIT of P4 million, what is the EPS for Option F? (use a pro-forma income statement to compute for the EPS)
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