Kraft owns 50,000 shares of the common stock of Copperhead Corporation with a market value of PHP 2 per share, or PHP 100,000 overall. The company is currently financed as follows (market values): Common stock (8 million shares) = PHP 16 million, Short-term loans = PHP 2 million. Copperhead now announces that it is replacing PHP 1 million of short-term debt with an issue of common stock. How much should Ms. Kraft borrow to ensure that she is entitled to exactly the same proportion of profits as before? PHP 3,125 PHP 6,250 PHP 9,375 PHP 12,500