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Southwest Sands currently has 18,500 shares of stock outstanding. It is considering issuing $107,000 of debt at an interest rate of 6.8 percent. The break-even

Southwest Sands currently has 18,500 shares of stock outstanding. It is considering issuing $107,000 of debt at an interest rate of 6.8 percent. The break-even level of EBIT between these two capital structure options is $67,000. How many shares of stock will be repurchased if the company undergoes the recapitalization? Ignore taxes.

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