You currently own 800 shares of JKL, Inc. JKL is an all equity that has 700,000 shares of stock outstanding at a market price of $50 a share. The company's earnings before interest and taxes are $7,000.000. You believe that the JKL should finance 33 33 percent of assets with debt. but management refuses to leverage the company. Given that similar firms' pay 6 percent interest on their debt answer the following questions. Part A How much money should you borrow to create the leverage on your own? Assume you can borrow funds at 6 percent interest. $ 80.012 arded ed Part B. How many additional shares of JKL stock must you purchase (using the borrowed funds in Part A) to create the leverage on your own? 1,600