4 points Save Answer The X corporation has decided to undergo a capital restructuring Currently, the company has no debt financing However, following the restructuring, debt will be $1 million, and the company is expected to repurchase stocks with the proceed. The interest rate on the debt will be 10 percent. The X corporation has 250,000 shares outstanding, and the stock price per share is $40. a) If the restructuring is expected to increase EPS, what is the minimum level for EBIT that the X corporation must be expecting? b) Under the restructure, what will be the EPS when the company is expected to have zero EBIT? 4 points Save Answer The X corporation has decided to undergo a capital restructuring Currently, the company has no debt financing However, following the restructuring, debt will be $1 million, and the company is expected to repurchase stocks with the proceed. The interest rate on the debt will be 10 percent. The X corporation has 250,000 shares outstanding, and the stock price per share is $40. a) If the restructuring is expected to increase EPS, what is the minimum level for EBIT that the X corporation must be expecting? b) Under the restructure, what will be the EPS when the company is expected to have zero EBIT