Hutchinson Corporation has zero debt - it is financed only with common equity. Its total assets are $465,000. The new CFO wants to employ enough debt to bring the debt/assets ratio to 40%, using the proceeds from the borrowing to buy back common stock at its book value. How much must the firm borrow to achieve the target debt ra

a. $186,026.40

b. $186,052.80

c. $186,013.20

d. $186,000.00

e. $186,039.60