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DIY Inc. has 125,864 shares outstanding. It currently has a perpetual debt of $245,734 and the firm value is $843,740. The company announces that in

DIY Inc. has 125,864 shares outstanding. It currently has a perpetual debt of $245,734 and the firm value is $843,740. The company announces that in the near future it will issue an additional $165,143 of perpetual debt. If the firm is in the 0.33 tax bracket, how many shares of stock will be outstanding after the recapitalization?

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