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Your company has a current capital structure consisting of $250,000 of 16% annual interest debt and 2,000 shares of common stock. Your company pays taxes

Your company has a current capital structure consisting of $250,000 of 16% annual interest debt and 2,000 shares of common stock. Your company pays taxes at the rate of 21%.

1. Using EBIT values of $80,000 and $120,000, determine the associated earnings per share (EP

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