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TriState Landscape and Turf is an all-equity firm with a total market value of $740,000 and 30,000 shares of stock outstanding Management is considering issuing

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TriState Landscape and Turf is an all-equity firm with a total market value of $740,000 and 30,000 shares of stock outstanding Management is considering issuing $150,000 of debt at an interest rate of 725 percent and using the proceeds on a stock repurchase. Ignore taxes. How many shares will the firm repurchase if it issues the debt securities? (Round the number of shares repurchased down to the nearest whole share) O 6,167 shares 6,232 shares O 6,042 shares 6,207 shares 6,081 shares

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