Question: Just based on the information below, select the optimal capital structure for Minnow Company. (No calculation is needed for this problem) A. Debt = 40%;
| Just based on the information below, select the optimal capital structure for Minnow Company. (No calculation is needed for this problem) | ||||||
| A. | Debt = 40%; Equity = 60%; EPS = $2.95; Stock price = $26.50. | |||||
| B. | Debt = 50%; Equity = 50%; EPS = $3.05; Stock price = $28.90. | |||||
| C. | Debt = 60%; Equity = 40%; EPS = $3.18; Stock price = $31.20. | |||||
| D. | Debt = 80%; Equity = 20%; EPS = $3.42; Stock price = $30.60. | |||||
| E. | Debt = 70%; Equity = 30%; EPS = $3.31; Stock price = $30.00. | |||||
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