Shepard Industries is an all-equity firm with 60 million shares outstanding which are currently trading at $20 per share. They have decided to change its capital structure by issuing $400million in debt and using this money raised from debt plus existing cash of $200m to repurchase existing shares of stock. Assume perfect capital market conditions. If you hold 500 shares of Shepard and you disagree with the managements decision to lever the firm, you can undo the effect of this decision by: a) borrowing $2000 and buying 100 shares of stock. b) selling 100 shares of stock and lending $2000. c) borrowing $1200 and buying 60 shares of stock. d) selling 200 shares of stock and lending $4000.