Haskell Corp. is comparing two different capital structures. Plan I would result in 12,000 shares of...

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Haskell Corp. is comparing two different capital structures.Plan I would result in 12,000 shares of stock and $120,000 in debt.Plan II would result in 11,500 shares of stock and $140,000 indebt. The interest rate on the debt is 6 percent. Assume that EBITwill be $70,000. An all-equity plan would result in 15,000 sharesof stock outstanding. Ignore taxes.

What is the price per share of equity under Plan I? Plan II?(Do not round intermediate calculations and round youranswers to 2 decimal places, e.g., 32.16.)

Price per share of equity
  Plan I $  per share
  Plan II $  per share

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Haskell Corp. is comparing two different capital structures.Plan I would result in 12,000 shares of stock and $120,000 in debt.Plan II would result in 11,500 shares of stock and $140,000 indebt. The interest rate on the debt is 6 percent. Assume that EBITwill be $70,000. An all-equity plan would result in 15,000 sharesof stock outstanding. Ignore taxes. What is the price per share of equity under Plan I? Plan II?(Do not round intermediate calculations and round youranswers to 2 decimal places, e.g., 32.16.) Price per share of equity Plan I$ per share Plan II$ per share

	Price per share of equity
Plan I	$ per share
Plan II	$ per share