Business, 30.11.2019 04:31 melissarodrigue7

Destin corp is comparing three different capital structures. plan a would result in 10,000 shares of stock and $90,000 in debt. plan b would result in 7,600 shares of stock and $198,000 in debt. the all equity plan would result in 12,000 shares of stock outstanding. the interest rate on debt is 10%, and the ebit is $48,000. if destin corp has a tax rate of 40%, which of the three plans has the highest eps?

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Destin corp is comparing three different capital structures. plan a would result in 10,000 shares of...

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