Mickey’s Wizarding Co. Is debating between a leveraged and an unleveraged capital structure. The all-equity
capital Structure would consist of 150,000 shares of stock. The debt and equity option would consist of 90,00 shares of stock plus $1,080,000 of debt with an interest of 8 percent. What is the break-even level of earnings before interest and taxes between these two options? ignore taxes
b. $ 92,400
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