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Thurber Mining Co. has the following capital structure: Bonds (11.5%) $200 mil Common Stock($4 par) $135 mil Retained Earnings $60 mil If the firm has
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Thurber Mining Co. has the following capital structure:
Bonds (11.5%) $200 mil
Common Stock($4 par) $135 mil
Retained Earnings $60 mil
If the firm has EBIT of $105 million and a tax rate of 40%, was is the EPS?
$1.87
$1.83
$1.65
$1.46
Thurber Mining Co. has the following capital structure:
Bonds (11.5%) $200 mil
Common Stock($4 par) $135 mil
Retained Earnings $60 mil
If the firm has EBIT of $105 million and a tax rate of 40%, was is the EPS?
| $1.87 | ||
| $1.83 | ||
| $1.65 | ||
| $1.46 |
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