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Question 13 4 pts The ABC company currently has $250,000 market value (and book value) of perpetual debt outstanding carrying a coupon rate of 6

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Question 13 4 pts The ABC company currently has $250,000 market value (and book value) of perpetual debt outstanding carrying a coupon rate of 6 percent. Its earnings before interest and taxes (EBIT) are $105,000, and it is a zero-growth company, ABC's current cost of equity is 9.0 percent, and its tax rate is 40 percent. The firm has 20,000 shares of common stock outstanding selling at a price per share of $30.00 Now assume that ABC is considering changing from its original capital structure to a new capital structure with 50 percent debt and 50 percent equity. If it makes this change, its resulting market value would be $900,000. What would be its new stock price per share? O $34.5 O $30.0 $32.5 $28.5 O $38.5

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