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Business, 27.08.2019 00:30 tacosloco7607

Simone's sweets is an all-equity firm that has 10,000 shares of stock outstanding at a market price of $25 per share. the firm's management has decided to issue $100,000 worth of debt at an interest rate of 9 percent. the funds will be used to repurchase shares of the outstanding stock. what are the earnings per share at the break-even ebit

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Simone's sweets is an all-equity firm that has 10,000 shares of stock outstanding at a market price...
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