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Question 22 General motors is an all-equity firm with 42,500 shares of stock outstanding. The company is considering the issue of $290,000 in debt at
Question 22 General motors is an all-equity firm with 42,500 shares of stock outstanding. The company is considering the issue of $290,000 in debt at an interest rate of & percent and using the proceeds to repurchase stock. Under the new capital structure, there would bet 26.000 shares of stock outstanding. Ignore taxes. What is the break-even EBIT between the two plans? for the toolba pro AL-M BIVS Arial I. x0 10pt 4 Ev EA 2 11 SFERE xx, 8 ST 11. B&O BEO * 0) OH 12 DELL 3
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