NOT A OR B

Northeast Lobster currently has 20,600 shares of stock outstanding. It is considering issuing $226,000 of debt at an interest rate of 8.2 percent. The break-even level of EBIT between these two capital structure options is $161,000. For this to be true, what is the current stock price? Ignore taxes. O $99.85 O $90.55 $95.31 O $104.39 O $108.93