The Euclid Corporation has a present capital structure consisting of 100 million shares of common stock. Euclid is considering an expansion program. Two alternative financing plans are under consideration: Plan 1: Equity financing. Sale of 10 million additional shares of common stock at $15 per share Plan 2: Debt financing. Sale of $150 million of 12 percent long-term debt (the firm's marginal tax rate is 40 percent) a. Determine the indifference level of EBIT between the two financing plans