Dickson Corporation is comparing two different capital structures. Plan I would result in 35,000 shares of...

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Dickson Corporation is comparing two different capital structures. Plan I would result in 35,000 shares of stock and $100,500 in debt. Plan II would result in 29,000 shares of stock and $301,500 in debt. The interest rate on the debt is 7 percent. Assume that EBIT will be $140,000. An all-equity plan would result in 38,000 shares of stock outstanding. Ignore taxes. What is the price per share of equity under Plan I? Plan II? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Plan I Plan II Dickson Corporation is comparing two different capital structures. Plan I would result in 35,000 shares of stock and $100,500 in debt. Plan II would result in 29,000 shares of stock and $301,500 in debt. The interest rate on the debt is 7 percent. Assume that EBIT will be $140,000. An all-equity plan would result in 38,000 shares of stock outstanding. Ignore taxes. What is the price per share of equity under Plan I? Plan II? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Plan I Plan II