My online exam is going on plz hurry

Question 4 [(2 + 2) + (1 + 2) = 7 marks] a) Wood Ltd is comparing capital structures under two plans - Plan A is an all-equity plan; and Plan B is a levered plan. Under Plan A, Wood Ltd will have 50,000 shares outstanding. Under Plan B, the company will have 25,000 shares and $150,000 in debt outstanding. The interest rate is 8% p.a., and there are no taxes. i. ii. If EBIT is $50,000, which Plan has the higher earnings per share? Show all calculations. What is the break-even EBIT, that is, the EBIT that generates the same EPS (earnings per share) under both Plans? b) Bates Ltd has no debt and the company has a WACC of 12%. Bates decides to borrow at 9%. If the company's new debt to equity ratio is 0.80 and the tax rate is 30%: i. ii. What is the company's cost of equity capital after it has taken on debt? What is Bates Ltd's new WACC