Business
Business, 29.06.2019 01:10, evazquez

Kelso electric is an all-equity firm with 53,000 shares of stock outstanding. the company is considering the issue of $360,000 in debt at an interest rate of 6 percent and using the proceeds to repurchase stock. under the new capital structure, there would be 33,000 shares of stock outstanding. ignore taxes. what is the break-even ebit between the two plans

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Kelso electric is an all-equity firm with 53,000 shares of stock outstanding. the company is conside...

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