18 JKB, Inc., is an all-equity firm with 43,250 shares of stock outstanding. The company is considering the issue of $295,000 in debt at an interest rate of 9 percent and using the proceeds to repurchase stock. Under the new capital structure, there would be 26,500 shares of stock outstanding. Ignore taxes. What is the break-even EBIT between the two plans? Multiple Choice $47,255 $58,761 $42,004 $74,267 $68,554