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Lenows Drug Stores and Halls Pharmaceuticals are competitors in the discount drug chain store business. The separate capital
b-1. What is the EBIT/TA rate when the firms have equal EPS? EBIT/TA rate b-2. What is the cost of debt? Cost of debt b-3. S
c. If the cost of debt went up to 11 percent and all other factors remained equal, what would be the break-even level for EBI
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