Managers of a company with current debts of 60,000 TL are in search of additional resources for the investment they intend to realize. The number of stocks of the company in the market is 20,000 and the interest on existing debts is 22%. The company's additional resource requirement is 200,000 TL. Company managers focus on four different options in order to meet the said additional resource requirement;

Option 1: To meet the additional resource requirement by issuing shares with a price of 20 TL/Piece,

Option 2: To meet the additional resource requirement through 40% stocks and 60% foreign resources (In this case, it is assumed that the stocks will be sold at 20 TL/Unit and 16% interest will be paid annually for the foreign resource).

Option 3: To meet the additional resource requirement through 70% stocks and 30% foreign resources (In this case, it is assumed that the stocks will be sold at 20 TL/Unit and 15% interest will be paid annually for the foreign resource).

Option 4 : To provide the additional resource requirement entirely through foreign resources (In this case, 17% annual interest will be paid for the foreign resource).

According to the Net Income Approach, which option should be chosen under the assumption that the EBIT is projected to be TL 90,000 for each year and the Corporate Tax rate will be 20%?

A. Option 4 ACCEPT B. Option 3 ACCEPT C. Option 1 ACCEPT D. Option 2 ACCEPT