Niagara Inc. a prominent consumer products firm, is debating whether or not to convert its 30 percent debt capital structure to one that is all-equity. Currently, there are 4,550 shares outstanding and the price per share is $45. The debt amount is $87,750. EBIT is expected to remain at $29,000 per year forever. The interest rate on the existing debt is 8 percent, and there are no taxes. If Niagara converts to all-equity, there will be 6,500 shares outstanding. Denise, a shareholder of the firm, owns 100 shares of stock and finds her cash flow under the current capital structure as: EPS = (29,000 - 7,020)/4,550 = $4.8308; Denise's cash flow = 100 x 4.83 = $483.08 Suppose that the company does convert to all-equity capital structure. However, if Denise prefers the current 30 percent debt capital structure, how much should she borrow? Niagara Inc. a prominent consumer products firm, is debating whether or not to convert its 30 percent debt capital structure to one that is all-equity. Currently, there are 4,550 shares outstanding and the price per share is $45. The debt amount is $87,750. EBIT is expected to remain at $29,000 per year forever. The interest rate on the existing debt is 8 percent, and there are no taxes. If Niagara converts to all-equity, there will be 6,500 shares outstanding. Denise, a shareholder of the firm, owns 100 shares of stock and finds her cash flow under the current capital structure as: EPS = (29,000 - 7,020)/4,550 = $4.8308; Denise's cash flow = 100 x 4.83 = $483.08 Suppose that the company does convert to all-equity capital structure. However, if Denise prefers the current 30 percent debt capital structure, how much should she borrow