need some help

Intro Red Rooster has no long-term debt, but its board has just decided to change its capital structure to 60% financed through debt, with an interest rate of 8%, and to buy back the appropriate number of shares. The current stock price is $80 and there are 50,000 shares outstanding. EBIT is expected to be $109,000 next year. There are no taxes and the company pays out 100% of its net income in the form of dividends. Part 1 Attempt 1/10 for 10 pts. You own 200 shares and are not happy with the capital restructuring. How many shares do you have to buy (enter as a positive number) or sell (enter as a negative number) to replicate the cash flows from the all-equity firm, assuming you can borrow or lend at the same interest rate, 8%, and that your total investment stays the same? 0+ decimals Submit