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Eleanor invested in Hwajin stock when the company was unlevered. Since then, Hwajin has changed its capital structure and now has a debt - equity

Eleanor invested in Hwajin stock when the company was unlevered. Since then, Hwajin has changed its capital structure and now has a debt-equity ratio of .42. To unlever her position, Eleanor needs to:Multiple Choiceborrow money and purchase additional shares of Hwajin stock.maintain her current equity position as the debt of the firm does not affect her personally.sell 42 percent of her shares of Hwajin stock and hold the proceeds in cash.sell 42 percent of her shares of Hwajin stock and lend out the sale proceeds.create a personal debt-equity ratio of .42.

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