Question: Des Chatels Corp. is comparing two different capital structures. Plan I would result in 1 3 , 0 0 0 shares of stock and $
Des Chatels Corp. is comparing two different capital structures. Plan I would result in shares of stock and $ in debt. Plan II would result in shares of stock and $ in debt. The interest rate on the debt is Assume that EBIT will be $ An allequity plan would result in shares of stock outstanding. Ignore taxes.
What is the price per share of equity under Plan I? Plan IIRound the final answers to decimal places. Omit $ sign in your response.
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