Assume That BB Is Considering Changing from Its Original Capital

Multiple Choice

assume that BB is considering changing from its original capital structure to a new capital structure with 45% debt and 55% equity.This results in a weighted average cost of capital equal to 10.4% and a new value of operations of $576,923.Assume BB raises $259,615 in new debt and purchases T-bills to hold until it makes the stock repurchase.BB then sells the T-bills and uses the proceeds to repurchase stock.How many shares remain after the repurchase, and what is the stock price per share immediately after the repurchase?

A) 11,001; $28.85
B) 12,711; $35.62
C) 13,901; $42.57
D) 15,220; $54.31
E) 17,105; $89.67