Jackson Corp - Value of Firm amounts in millions, except share price and EPS) Assets $3,000 EBIT $825 Share Price $30 Tax Rate 40% WACC 12% EPS = DPS $2.88 0% Shares Out 150.00 New cost of Equity 11% New cost of Bonds 10% New Capital Structure Debt 20% Equity 80%

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A: This is how we can figure it out. Determine the new debt load (b):b= 50% = 0.5

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Q: Do not use ai please don't

A: Step 1:a.EPS of Plan I = (EBIT-interest)*(1-t)/number of sharesEPS of Plan I = (8500-10%*65700)/900=…

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A: Following information is given in the question:

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Q: Give true answer

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A: Calculation of WACC:The WACC is 9.25%.Excel Spreadsheet:

Q: . How would you respond to this argument?

A: Information Provided: Expected Return = 16%

Q: Provide answer

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Q: None

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A:

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A: