Business
Business, 18.11.2019 21:31, haleysmith8608

Galaxy products is comparing two different capital structures, an all-equity plan (plan i) and a levered plan (plan ii). under plan i, galaxy would have 245000 shares of stock outstanding. under plan ii, there would be 237014 shares of stock outstanding and $31 in debt outstanding. the interest rate on the debt is 9.9 percent and there are no taxes. what is the breakeven ebit? g

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