"A firm is considering a capital restructuring. The existing firm is unlevered and has 20,000 shares of stock outstanding at a market price of $25 per share. The new structure would include $150,000 of debt with a coupon rate (interest rate) of 7 percent. All of the money raised from the debt issue would be used to repurchase stock. What is the break-even level of EBIT between the two structures? Ignore taxes."