selling stock for $40 per share and there are 600,000 shares outstanding. firm is considering...
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selling stock for $40 per share and there are 600,000 shares outstanding. firm is considering issuing $2 millon in debt that has a 5% interest rate. what is the break even EBIT for debt? what is the annual interest expense on debt? if the firm uses entire $2 millom to repurchase shares, how many shares can they repurchase?
what is the break even EBIT for debt?
what is the annual interest expense on debt?
if the firm uses entire $2 millom to repurchase shares, how many shares can they repurchase?
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