Question 5 3.34 pts VM Materials Inc, management has decided to repurchase some of the company's shares. The company has 2,000,000 shares outstanding that trade at $15.00 per share and has stockholders equity of $10,500,000. It plans to repurchase 200,000 shares at $15.00 and will use debt to finance the purchase at an interest rate of 6.0%. The company's EBIT is $1,500,000 Ignoring income taxes what is tpe return on equity before and after the repurchase? 14.3% before and 20.3% after 14.6% before and 17.6% after O 14.3% before and 17.6% after O 14.3% before and 24.0% after