Luxury Resorts Corp. is an unlevered firm with expected annual earnings before taxes of $157.31 million next year. After that, EBIT will increase by 3.12% every year forever. The current required rate of return on the firm's equity is 11.59% and the firm distributes all its earnings as dividends at the end of each year. There are 25 million common shares outstanding and the firm's tax rate is 21%. The firm is planning a recapitalization under which it will issue $175.5 million perpetual 6.75% debt and use the proceeds to buy back shares. What is the new number of shares after the stock repurchase? Group of answer choices

$527.7.if the following was the question  $527.7 is the answer.students who are trying to raise funds have an agreement with a local pizza chain. the chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit. it is expected that of the 500 families in the community, at most 70% will buy pizza. based on a survey of their personal preferences, the students believe that they should order no more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. they also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. they make a profit of $1.45, $1.75, and $1.98, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. how many pizzas of each type should they buy?