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4:33
CNBC
Here's what to expect from earnings season
Charles Campbell, trading desk specialist at MKM Partners, and Chris Retzler, portfolio manager at Needham Growth Fund, join "Squawk Box" ahead of the Fed's minutes and the onset of earnings week.
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Assume an unlevered firm has total assets of 6,000, earnings before interest and taxes of600, and 500 shares of stock outstanding. Further assume the firm decides to change 40 percent of its capital structure to debt with an interest rate of 8 percent. Ignore taxes. What will be the amount of the change in the earnings per share as a result of this change in the capital structure?Multiple Choice.16.09No change−.09−.16
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