Question: Division Corporation is comparing two different capital structures. Plan I would result in 2 9 , 0 0 0 shares of stock and $ 9
Division Corporation 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 percent. 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 II Note: Do not round intermediate calculations and round your answers to decimal places, eg
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