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Q. I was wondering if you could explain this equation to me in further detail.
Debt Alternative Common stock alternative
[(EBIT-250)(1-.50)-0]/100 = [(EBIT-0)(1-.50)]-0/15025 EBIT = 18,750EBIT= 750
I understand illustrate what the equations are trying to find, I just don't understand the algebra also was wondering if someone could break it down for me step by step?
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