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need ASAP PLEASE Alpha Company is looking at two different capital structures, one an all-equity firm and the other a levered firm with $4.2 million
need ASAP PLEASE
Alpha Company is looking at two different capital structures, one an all-equity firm and the other a levered firm with $4.2 million of debt financing at 14% interest. The all-equity firm will have a value of $8.4 million and 420,000 shares outstanding. The levered firm will have 210,000 shares outstanding CHC a. What is the break-even EBIT for Alpha Company if there are no corporate taxes? (Round to the nearest dollar Step by Step Solution
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