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Southwest Sands currently has 17,500 shares of stock outstanding. It is considering issuing $101,000 of debt at an interest rate of 6.6 percent. The break-even

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Southwest Sands currently has 17,500 shares of stock outstanding. It is considering issuing $101,000 of debt at an interest rate of 6.6 percent. The break-even level of EBIT between these two capital structure options is $65,000. How many shares of stock will be repurchased if the company undergoes the recapitalization? Ignore taxes. Multiple Choice 1,410.12 shares 1,704.96 shares 1.538.31 shares 1,794.69 shares 1,944,25 shares

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