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MassNet Corporation has 6.65 million shares outstanding and debt with interest payments of $1.53 million. What earnings before interest and tax (EBIT) must the firm

MassNet Corporation has 6.65 million shares outstanding and debt with interest payments of $1.53 million. What earnings before interest and tax (EBIT) must the firm have if it were to provide $1 per share to the shareholders? Assume perfect markets.

Answer: $ ______ million

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