Hotel Cortez is an all equity firm that has 7,300 shares of stock outstanding at a market price of $22 pet share. The firms managetient has decided to issue $42,000 worth of debt and use the funds to repurchase shares of the outstanding stock The interest rate on the debt win be 8 percent. What is the break-even EBiT? $12,848 $10 $13,919 $11 $11,013