PT X has the following capital structure: - Own capital, 100,000,000 shares, total shares @1000 = 100000 shares -foreign capital, bonds payable interest 10% of 50,000,000 -PT X's tax burden is 30%/year -Due to the reason of expanding the business so that the company's profit before interest and taxes/EBIT increases to 20,000,000, the company needs to add capital of 50,000,000 -While additional sources of funds/debt capital, the company is faced with two choices, issuing new shares or new bonds with the same nominal and interest rate as the old one. -Asked: Analyze based on EPS / Earning per share, give input to PT X which is better, issue new bonds or new shares