Question: 10 pts.) 8. Alpha Corporation's current capital structure is found below. Assets Debt Equity $15 million S6 million $9 million Share price Shares outstanding Bond
10 pts.) 8. Alpha Corporation's current capital structure is found below. Assets Debt Equity $15 million S6 million $9 million Share price Shares outstanding Bond interest rate $22.50 400,000 8% EBIT is expected to be $2.5 million. Alpha has a tax rate of 30% Determine the earnings per share and the return on equity
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