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Business, 29.06.2019 01:20 sarah19Nursing

Northwestern lumber products currently has 15,000 shares of stock outstanding. patricia, the financial manager, is considering issuing $120,000 of debt at an interest rate of 6.1 percent. given this, how many shares of stock will be outstanding once the debt is issued if the break-even level of ebit between these two capital structure options is $60,000

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