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Accounting

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on : ? 1:41 PM 6 7 8 9. 10 11 ay attempt this question 2 more times for credit. mms is an unlevered firm with 4050 shares outstanding and an EBIT of 675. Corporate earnings are taxed at a rate of 36%. te EPS for Oak Farms. Note: Your answer should be in dollars and cents. For example, $0.99 e that Oak Farms makes a decision to partition (split) its assets into debt and equity. The firm issues $1550 of debt at a cost of 8.65%, and uses these funds to reduce the amount of equity on its books. The partition does not change T or the tax rate, but does reduce the number of shares outstanding to 3300 te Oak Farms EPS after the partition. $ Note Your answer should be in dollars and cents. st Get Both Parts Correct to Receive Credit

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