Question: Complete the following EPS/EBIT analysis for a company whose stock price is $20, interest rate on funds is 5 percent, tax rate is 20 percent,

Complete the following EPS/EBIT analysis for a company whose stock price is $20, interest rate on funds is 5 percent, tax rate is 20 percent, number of shares outstanding is 500 million, and EBIT range is $100 million to $300 million. The firm needs to raise $200 million in capital. Use the accompanying table to complete the work.

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