Business, 26.09.2019 23:00 Joellel2941

Simone's sweets is an all-equity firm that has 6,400 shares of stock outstanding at a market price of $17 per share. the firm's management has decided to issue $52,000 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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