Destin Corp. is comparing two differentcapital structures. Plan I would result in 13,000 shares of stock and $100,000 in debt. Plan II would result in 10,500 shares of stock and $150,000 in debt. The interest rate on the debt is 10 percent. Assume that EBIT will be $90,000. An all-equity plan would result in 18,000 shares of stock outstanding. Ignore taxes.

What is the price per share of equity under Plan I? Plan II?(Round your answers to 2 decimal places. (e.g., 32.16))

Price per share of equity:

Plan I $per share

Plan II $per share