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Need: ( 1 ) Debt issuance breakpoints, ( 2 ) Retained Earnings breakpoint, and ( 3 ) Equity issuance breakpoint ( of additional equity funds
Need: Debt issuance breakpoints, Retained Earnings breakpoint, and Equity issuance breakpoint of additional equity funds neededRoberson Fashion's capital structure consists of percent debt and percent common equity.
Roberson is considering raising new capital to finance its expansion plans. The company's investment banker has compiled the following information about the cost of debt if the firm issues debt:
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