Shameless Industrial Co. was financed solely with equity until this week. Presently, the firm is financed with 30 percent debt. What will a shareholder need to do if they prefer the old capital structure?

• borrow money and purchase 70 percent more shares

• borrow money and purchase 30 percent more shares

• sell 30 percent of his or her shares and lend out the proceeds

• sell 70 percent of his or her shares and lend out the proceeds