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You have been asked to find the breakpoint for when The Breakers cost of debt...

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You have been asked to find the breakpoint for when The Breakers cost of debt will increase based on their capital structure. The firm can borrow $53,432. After this amount the cost will increase. The Breakers have 57.1% of equity in their capital structure and no preferred stock. Estimate the breakpoint in the Marginal Cost for debt. Post your answer to the whole number. No decimals You have been asked to find the breakpoint for when The Breakers cost of debt will increase based on their capital structure. The firm can borrow $53,432. After this amount the cost will increase. The Breakers have 57.1% of equity in their capital structure and no preferred stock. Estimate the breakpoint in the Marginal Cost for debt. Post your answer to the whole number. No decimals

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