Suppose the MPD Corporation is evaluating a potential capital restructuring decision. Currently, MPD has 80 million in debt financing, and the interest rate is 11%. MPD currently has 10 million shares outstanding, and the price per share is $90.The market interest rate is decreasing, and MPD is currently evaluating a potential restructuring. After restructuring, the MPD Corporations overall interest rate will be reduced by 2%. Following the restructuring, however, the corporations total debt will increase by another 45 million. This additional debt will be obtained from five banks. The value of the first debt deal is $ 10 million, and the cost of debt is 8.15%, the value of the second debt is $10 million, and the cost of debt is 8.35%, the value of the third debt is 7 million. The value of the fourth debt is 10 million, and the value of the fifth debt is $8 million. MPD will use the additional debt to repurchase shares. What is the minimum level for EBIT that management must be expecting? Kindly note that without a detailed calculation process, marks will be deducted