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Finch, Incorporated, is debating whether or not to convert its all-equity capital structure to one that is 32 percent debt. Currently, there are 28,300 shares

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Finch, Incorporated, is debating whether or not to convert its all-equity capital structure to one that is 32 percent debt. Currently, there are 28,300 shares outstanding and the price per share is $76.88. EBIT is expected to remain at $115,843 per year forever. The interest rate on new debt is 8.10 percent, and there are no taxes. Allison, a shareholder of the firm, owns 513 shares of stock. Allison's cash flow be under the proposed capital structure of the firm will be \$__. Assume she keeps all of her shares and a payout ratio of 74%. Answer to two decimals, e.g. 123.34. Do not round at any step. Assume that firms can issue partial shares

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