Settings Consider two firms that are identical in every way except that one has $1,163.46 of debt and 638 shares of stock outstanding, while the other is all-equity and has 850 shares of stock outstanding. Assume that the debt is a perpetuity with annual coupons at the rate of 8%. What is each firms' earnings per share if EBIT is $1,100? Assume a tax rate of 45%. EBIT EPS Leveraged Firm $1,100 All-Equity Firm $1,100 What is the earnings per share (EPS) of the leveraged firm if EBIT is $1,100? $1(Round to the nearest cent.) What is the earnings per share (EPS) of the all-equity firm if EBIT is $1,100? $ (Round to the nearest cent.)