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degree of financial leverage(DFL)

DFL = Percentage change in EPS / Percentage change in EBIT (1)

=EBIT / (EBIT-I) (2)

in formula (2) why isn't percentage change reflected anywhere?
Thanks.

The slope at point (EBIT, EPS) is simply the %change in EPS/%change in EBIT. You can plot that to see it, or run an example.

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