Hillbrand Co. management has decided to repurchase some of the company's shares. The company has 5,000,000 shares outstanding that trade at $40.00 per share and has stockholders' equity of $225,000,000. It plans to repurchase 500,000 shares at $40.00 and will use debt to finance the purchase at an interest rate of 8.0%. The company's EBIT is $27,000,000. Ignoring income taxes what is the return on equity before and after the repurchase? Question 26 3.34pts Change Corp.'s management has decided to repurchase some of the company's shares. The company has 3,000,000 shares outstanding that the $35.00 per share. It plans to repurchase 500,000 shares at $35.00 and will use debt to finance the repurchase at an interest rate of 8.0%. The company's EBIT is $4,200,000. $1.68 before and $1.00 after $1.20 before and $1.36 after $.93 before and $1.40 after $1.40 before and $1.12 after