Athena Inc is an all-equity-financed firm with 10,000 shares of equity outstanding. Its shares are currently selling at $100 a share. Athena is considering a capital restructuring through two plans. The first plan requires a debt issue of $200,000. The cash raised from this issue will be used for a share repurchase. The second plan will similarly issue $400,000 with the funds used for a share repurchase. Both debt issues will pay an interest of 10%. Assume the firm pays no taxes. a) What will be Athena's debt-to-equity ratio if it proceeds with the first plan? (3 marks) b) What will be Athena's debt-to-equity ratio if it proceeds with the second plan? (3 marks) c) If Athena proceeds with the first plan, calculate its earnings per share (EPS) if its earnings before interest and tax (EBIT) are $110,000. (4 marks) ) d) If Athena proceeds with the second plan, calculate its earnings per share (EPS) if its earnings before interest and tax (EBIT) are $110,000. (4 marks) e) Based on your answers in (a) to (d), which capital restructuring plan should Athena implement? Explain your answer. (6 marks)