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Remaining Time: 38 minutes, 41 seconds. Question Completion Status: Moving to another question will save this respome Question 7 5 points General motors is an all-equity firm with 42,500 shares of stock outstanding. The company is considering the issue of $290,000 in debt at an interest rate of 8 percent and using the proceeds to repurchase stock. Under the new capital structure, there would be 26,000 shares of stock outstanding. Ignore taxes. What is the break-even EBIT between the two plans? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIUS Paragraph Arial A www 10pt Ev 4 I. V 24 XO EQS2 V E BH - ST T + 1 11 BB