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Vapid Motors Inc. is currently all - equity financed with 1 , 3 9 1 , 3 6 9 shares outstanding. Vapid wants to raise
Vapid Motors Inc. is currently allequity financed with shares outstanding. Vapid wants to raise $M in new funds and is considering two financing options. Option A is all equity. Vapid will issue new shares at $ per share. Option B is debt financing. Vapid will borrow the money at an interest rate of The tax rate is Use this information to answer the following questions. What is the EBITEPS indifference level? Please do it without excel and explain each step. The answer is million.
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