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Please help me understand this scenario: 1. How can Bank X reduce its WACC? 2. How do I solve for EBT (Earnings before taxes) for

Please help me understand this scenario:

1. How can Bank X reduce its WACC?

2. How do I solve for EBT (Earnings before taxes) for the following hypothetical financial firm given the following information: Tax rate = 25% Net income = $12 million. Also, if EBIT (Earnings before interest and taxes) = $21 million, what would the interest expense equal?

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