D Question 5 2 pts Sand Key Development Company has a capital structure contesting of $20 million of 10% debt and $30 milion of common equity Theas 500.000 shares of common stock outstandine Sand Keris planning a pansion and will need to raise $15 million. The tem must decide whether to finance the expansion with debt or equity. If equity financing in selected. common stock will be sold at $75 per share it debt financing chosen toon bords will be sold. The form marginal tax rate is 34 Determine the level of operating income at which Sind Key would be indifferent between debt racing and entrandt 56200.000 12000 16.000 150.000 200 D Question 5 2 pts Sand Key Development Company has a capital structure contesting of $20 million of 10% debt and $30 milion of common equity Theas 500.000 shares of common stock outstandine Sand Keris planning a pansion and will need to raise $15 million. The tem must decide whether to finance the expansion with debt or equity. If equity financing in selected. common stock will be sold at $75 per share it debt financing chosen toon bords will be sold. The form marginal tax rate is 34 Determine the level of operating income at which Sind Key would be indifferent between debt racing and entrandt 56200.000 12000 16.000 150.000 200