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Dreammart is an industrial company, which has a market capitalization of $6 billion. It has 90 million shares outstanding and $205 billion of debt outstanding.

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Dreammart is an industrial company, which has a market capitalization of $6 billion. It has 90 million shares outstanding and $205 billion of debt outstanding. Management have decided to delever the firm by issuing new equity to repay all outstanding debt. Suppose you are a shareholder holding 240 shares, and you disagree with this decision. Assuming a perfect capital market, the amount you should borrow to undo the effect of this decision is closest to: O a. $76875 O b. $91111 O c. $12812 Q. d. $546667 Clear my choice

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