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Question 23 1 pts Neptune Corporation has a present capital structure consisting of common stock (10 million shares and debt ($150 million, 10% coupon rate).

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Question 23 1 pts Neptune Corporation has a present capital structure consisting of common stock (10 million shares and debt ($150 million, 10% coupon rate). The company needs to raise $40 million and is undecided between two financing plans. Plan A: Equity financing. Under this plan, an addicional amount of common stock will be sold at 520 per share Plan B: Debt financing. Under this plan, the firm will be 10 coupon bonds At what level of operating income (EBIT) will the firm be indifferent between the two plans? Assura 21 mwal tax rate. 540 million 39 milion 530.75 million $33.9 million 56.75 million

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