Question: White Sands Beach Inn is comparing two separate capital structures. The current structure consists of 86,000 shares of stock and no debt. The other structure

White Sands Beach Inn is comparing two separate capital structures. The current structure consists of 86,000 shares of stock and no debt. The other structure consists of 70,000 shares of stock and $1.02 million of debt. What is the price per share of equity?

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