Question: Please show computations in Excel formula. Please show computations in Excel formula. Terrell Trucking Company is in the process of setting its target capital structure.
Please show computations in Excel formula.

Please show computations in Excel formula.
Terrell Trucking Company is in the process of setting its target capital structure. The CFO believes that the optimal debt-to-capital ratio is somewhere between 40% and 60%, and her staff has compiled the following projections for EPS and the stock price at various debt levels: Debt/Capital Projected EPS Ratio 40% 45% $5.25 $5.40 $5.30 $5.15 Projected Stock Price $52.00 $53.00 $54.25 $56.60 55% 60% Based on the information provided, which proposed capital structure is the optimal for Terrell Trucking
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