Multiple Choice
Suppose you are a shareholder in Galt industries holding 600 shares,and you disagree with this decision to delever the firm.You can undo the effect of this decision by:
A) Borrowing $6000 and buying 240 shares of stock
B) Selling 240 shares of stock and lending $6000
C) Borrowing $9000 and buying 360 shares of stock
D) Selling 360 shares of stock and lending $9000
Correct Answer:
Verified
Correct Answer:
Verified
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