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need help thanks! Your boss wants to know how much he can spend before his cost for debt increases. Therefore he wanted to find the

need help thanks!

Your boss wants to know how much he can spend before his cost for debt increases. Therefore he wanted to find the breakpoint based on their capital structure. The firm can borrow $60,896. After this amount the cost will increase substantially. They have 47% of equity in their capital structure and no preferred stock. Estimate the breakpoint in the Marginal Cost for debt

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