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kyle corporation is comparing two different capital structures: an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would

kyle corporation is comparing two different capital structures: an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 755000 shares of stock outstanding. Under Plan II, there would be 505000 shares of stock outstanding and $8.75 million in debt outstanding. The interest rate on the debt is 7 percent, and there are no taxes.
what is the break-even EBIT?

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