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The Greenbriar is an all-equity firm with a total market value of $572,000 and 22,400 shares of stock outstanding. Management is considering issuing $181,000 of

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The Greenbriar is an all-equity firm with a total market value of $572,000 and 22,400 shares of stock outstanding. Management is considering issuing $181,000 of debt at an interest rate of 6 percent and using the proceeds on a stock repurchase. Ignore taxes. How many shares will the firm repurchase if it issues the debt securities? Multiple Choice 425 shares 7,088 shares 7,876 shares 34,320 shares 8,592 shares

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