Question: Leverage Indifference. Top Corp. is considering a restructuring. Currently, it is all-equity financed with 6,000,000 ordinary shares outstanding traded at $52 per share on the

Leverage Indifference. Top Corp. is considering a restructuring. Currently, it is all-equity financed with 6,000,000 ordinary shares outstanding traded at $52 per share on the market. It is planning to borrow $7,000,000 at an annual interest rate of 11% to buy back some of its shares. Top has a tax rate of 35% a. The leverage-indifference EBIT is $ Number Round your answer to the dollar b. The leverage-indifference EPS is s Number Round your answer to the cent

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