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Business, 25.03.2020 05:21 jekson1252

Northeast Lobster currently has 18,500 shares of stock outstanding. It is considering issuing $100,000 of debt at an interest rate of 6.3 percent. The break-even level of EBIT between these two capital structure options is $77,000. For this to be true, what is the current stock price

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Northeast Lobster currently has 18,500 shares of stock outstanding. It is considering issuing $100,0...
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