RCT is a firm in financial distress. They have extremely high financial leverage, pay high property taxes, pay high wages, and find themselves the defendant in a lawsuit that has the potential of a large settlement against the firm. In additional the firm is considering raising a significant amount of funds to use to drill for oil on land that they own, a project considered to have a negative NPV and be very risky. Which of the following acting was argued both in class and in the text as best from the standpoint of RCT's shareholders at this time?

a. Reject the oil drilling project because it's too risky.

b. Accept the oil drilling project and try to raise the needed funds through new equity.

c. Accept the oil drilling project and try to raise the needed funds through new debt.

d. The firm would be indfferent between any of the above choices.

e. Reject the oil drilling project because it has a negative NVP.