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Hotel Cortez is an asequity from that has 9100 shares of stock outstanding at a matet pnce of $28 per Share Them's management has decided

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Hotel Cortez is an asequity from that has 9100 shares of stock outstanding at a matet pnce of $28 per Share Them's management has decided to issue 554,000 worth of deat and use the funds to repurchase shares of the outstanding stock. The interest rate on the debt wit be percent. What is the break even EBIT? (Select the option closest to me antwory MD Choice O 5162 O SIG SO O S1304 SI

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