Assume an unlevered firm has total assets of $$6,000,$ earnings before interest and taxes of $$600,$ and $500$ shares of stock outstanding. Further assume the firm decides to change $40$ percent of its capital structure to debt with an interest rate of $8$ percent. Ignore taxes. What will be the amount of the change in the earnings per share as a result of this change in the capital structure?

Multiple Choice

$$\mathrm{.}16$

$$\mathrm{.}09$

No change

$$$$\mathrm{.}09$

$$$$\mathrm{.}16$