Bittman Inc. Bittman Inc is a zero growth company. It currently has zero debt and its earnings before interest and taxes (EBIT) are $80,000. Bittman's current cost of equity is 10%, and its tax rate is 25%. The firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. Refer to the data for Bittman Inc. Assume that Bittman is considering changing from its original capital structure to a new capital structure with 35% debt and 65% equity. This results in a weighted average cost of capital equal to 9.125% and a new value of operations of $657,534. Assume Bittman raises $230,137 in new debt and purchases T-bills to hold until it makes the stock repurchase. Bittman then sells the T-bills and uses the proceeds to repurchase stock. How many shares remain after the repurchase, and what is the stock price per share immediately after the repurchase? Remaining Shares; P Post O 7,500; $86.18 O 6,649; $63.48 O 7,000; $74.26 O 6,500; $65.75 O 6,959; $58.03