Determine Garneau's optimal capital structure based on the following information: Debt EPS 20% 2.2 30% 2.4 40% 2.6 50% 2.8 Equity 80% 70% 60% 50% O a. 20% debt; 80% equity O b. 40% debt; 60% equity O c. 50% debt; 50% equity O d. 30% debt; 70% equity DPS 1.1 1.2 1.3 1.4 Stock Price 40.12 41.34 40.52 39.42

Determine Garneau's optimal capital structure based on the following information: a. \20 debt; \80 equity b. \40 debt; \60 equity c. \50 debt; \50 equity d. \30 debt; \70 equity