Find the ebit breakeven point

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Please help me solve using Excel: Find the EBIT breakeven point using the information below:

Plan A: Plan B:

$42 million in debt $62 million in debt5.25% interest rate 6.75% interest rate

$80 million in equity $60 million in equity2 million shares of equity 1.5 million shares of equity

The tax rate under both plans: 32%

Reference no: EM133110111

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