You are the manager of a company that produces motor vehicles. A union contract will come up for renegotiation in two months, and you wish to increase your firm's bargaining power prior to hearing the union's initial demands. The union is likely to ask for a 25 per cent increase from existing wage levels of 20 per hour for the 1,000 workers at your com- pany. Workers typically work 2,000 hours per year. The firm has 100 million of debt out- standing at an interest rate of 10 per cent annually, and an equity market value of 200 million. Income before interest is 20 million per year. Assume no taxes. Required: What specific financing strategies would you implement, and why