div class=ts-pagebuttonPage 1button div class=ts-image amp-img class=ts-thumb alt=Page 1: of Capital Structure 7 490 4 Companies U and L are identical in every respect except that U is unlevered and L has Rs 20 lakhs of 8% debt EBIT of both firms is Rs 6 lakhs and src=https:reader034vdocumentsnetreader034viewer20220518035b03a3ad7f8b9a2d518c7527html5thumbnails1jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 2button div class=ts-image amp-img class=ts-thumb alt=Page 2: of Capital Structure 7 490 4 Companies U and L are identical in every respect except that U is unlevered and L has Rs 20 lakhs of 8% debt EBIT of both firms is Rs 6 lakhs and src=https:reader034vdocumentsnetreader034viewer20220518035b03a3ad7f8b9a2d518c7527html5thumbnails2jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 3button div class=ts-image amp-img class=ts-thumb alt=Page 3: of Capital Structure 7 490 4 Companies U and L are identical in every respect except that U is unlevered and L has Rs 20 lakhs of 8% debt EBIT of both firms is Rs 6 lakhs and src=https:reader034vdocumentsnetreader034viewer20220518035b03a3ad7f8b9a2d518c7527html5thumbnails3jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 4button div class=ts-image amp-img class=ts-thumb alt=Page 4: of Capital Structure 7 490 4 Companies U and L are identical in every respect except that U is unlevered and L has Rs 20 lakhs of 8% debt EBIT of both firms is Rs 6 lakhs and src=https:reader034vdocumentsnetreader034viewer20220518035b03a3ad7f8b9a2d518c7527html5thumbnails4jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 5button div class=ts-image amp-img class=ts-thumb alt=Page 5: of Capital Structure 7 490 4 Companies U and L are identical in every respect except that U is unlevered and L has Rs 20 lakhs of 8% debt EBIT of both firms is Rs 6 lakhs and src=https:reader034vdocumentsnetreader034viewer20220518035b03a3ad7f8b9a2d518c7527html5thumbnails5jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 6button div class=ts-image amp-img class=ts-thumb alt=Page 6: of Capital Structure 7 490 4 Companies U and L are identical in every respect except that U is unlevered and L has Rs 20 lakhs of 8% debt EBIT of both firms is Rs 6 lakhs and src=https:reader034vdocumentsnetreader034viewer20220518035b03a3ad7f8b9a2d518c7527html5thumbnails6jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 7button div class=ts-image amp-img class=ts-thumb alt=Page 7: of Capital Structure 7 490 4 Companies U and L are identical in every respect except that U is unlevered and L has Rs 20 lakhs of 8% debt EBIT of both firms is Rs 6 lakhs and src=https:reader034vdocumentsnetreader034viewer20220518035b03a3ad7f8b9a2d518c7527html5thumbnails7jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 8button div class=ts-image amp-img class=ts-thumb alt=Page 8: of Capital Structure 7 490 4 Companies U and L are identical in every respect except that U is unlevered and L has Rs 20 lakhs of 8% debt EBIT of both firms is Rs 6 lakhs and src=https:reader034vdocumentsnetreader034viewer20220518035b03a3ad7f8b9a2d518c7527html5thumbnails8jpg width=142 height=106 layout=responsive amp-img divdiv