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Moose Pastures Inc was an all - equity firm that had 2 5 , 0 0 0 shares of stock outstanding at a market price

Moose Pastures Inc was an all-equity firm that had 25,000 shares of stock outstanding at a market price of $10 per share. The company's EBIT is $20,000. Management at MPI just announced a recapitalization where they will issue $150,000 of debt at a 6% rate of interest and use the proceeds to repurchase shares of stock. You are a shareholder of MPI with 1,000 shares and you prefer the all-equity capital structure. What actions would you take in a perfect capital market to undo the actions of MPI.

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