all-equity firm with 53,750 shares of stock outstanding. The company is considering the issue of $365,000 in debt at an interest rate of 7 percent and using the proceeds to repurchase stock. Under the new capital structure, there would be 33,500 shares of stock outstanding. Ignore taxes. What is the break-even EBIT between the two plans?
https://papertowrite.com/wp-content/uploads/2020/04/New-logo-300x62.png 0 0 admin https://papertowrite.com/wp-content/uploads/2020/04/New-logo-300x62.png admin2020-07-04 17:12:242020-07-04 17:12:24Kelso Electric is an all-equity firm with 53,750 shares of stock outstandin
Kelso Electric is an
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