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Harlem Co$.$ is an all$-$equity firm with $60,000$ shares of stock outstanding at a market price of $$15$ a share. The company's projected EBIT is $$282,000.$ Management has decided to issue $$500,000$ of debt at a $7\mathrm{.}5\%$ rate of interest. The raised $$500,000$ will be used to repurchase shares from the market. Currently, you own $1,400$ shares of Harlem Co$.$ How many shares of this stock must you sell to unlever your position if you can loan out funds at a $7\mathrm{.}5\%$ rate of interest?

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