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Business, 21.04.2020 00:55 sirinapadeangel

Northwestern Lumber Products currently has 18,500 shares of stock outstanding. Patricia, the financial manager, is considering issuing $141,000 of debt at an interest rate of 6.8 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 $67,000?

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Northwestern Lumber Products currently has 18,500 shares of stock outstanding. Patricia, the financi...
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