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Gulf Shores Inn is comparing two separate capital structures. The first structure consists of 3 2 0 , 0 0 0 shares of stock and

Gulf Shores Inn is comparing two separate capital structures. The first structure consists of $320, 000$ shares of stock and no debt. The second structure consists of $276, 000$ shares of stock and $ $1.94$ million of debt. What is the price per share of equity?

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Gulf Shores Inn is comparing two separate capital structures. The first structure consists of 3 2 0 , 0 0 0 shares of stock and

Gulf Shores Inn is comparing two separate capital structures. The first structure consists of 320,000 shares of stock and no debt. The second structure consists of 276,000 shares of stock and $1.94 million of debt. What is the price per share of equity?

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Gulf Shores Inn is comparing two separate capital structures. The first structure consists of $320, 000$ shares of stock and no debt. The second structure consists of $276, 000$ shares of stock and $ $1.94$ million of debt. What is the price per share of equity?