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Yasmin Corporation is comparing two different capital structures, an all- equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the Yasmin

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Yasmin Corporation is comparing two different capital structures, an all- equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the Yasmin would have 160,500 shares of stock outstanding. Under Plan II, there would be 64,200 shares of stock outstanding and $1.605 million in debt outstanding. The interest rate on the debt is 10 percent, and there are no taxes. Required: (a) If EBIT is $ 214,000, Plan I's EPS is $ while Plan II's EPS is $ (Do not include the dollar signs ($). Round your answers to 2 decimal places. (e.g., 32.16)) (b)If EBIT is $ 722,000, Plan I's EPS is $ and Plan II's EPS is $ . (Do not include the dollar signs ($). Round your answers to 2 decimal places. (e.g., 32.16)) (c)The break-even EBIT is $ . (Do not include the dollar sign ($). Round your answer to the nearest whole dollar amount. (e.g., 32))

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