Question: Please help me solve this problem please help me solve this problem Southwest Sands currently has 27,000 shares of stock outstanding. It is considering issuing

Please help me solve this problem please help me solve this problem

Southwest Sands currently has 27,000 shares of stock outstanding. It is considering issuing $158,000 of debt at an interest rate of 8.3 percent. The breakeven level of EBIT between these two capital structure options is $84,000. How many shares of stock will be repurchased if the company undergoes the recapitalization? Ignore taxes

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