MC algo 16-7 Break-even EBIT Kelso Electric is an all-equity firm with 44,000 shares of stock outstanding. The company is considering the issue of $300,000 in debt at an interest rate of 6 percent and using the proceeds to repurchase stock. Under the new capital structure, there would be 27.000 shares of stock outstanding. Ignore taxes. What is the break-even EBIT between the two plans? Multiple Choice $32,162 $46,588 550.47 $39.933