Use the following information to answer the question(s)below.
Galt Industries has 50 million shares outstanding and a market capitalization of $1.25 billion.It also has $750 million in debt outstanding.Galt Industries has decided to delever the firm by issuing new equity and completely repaying all the outstanding debt.Assume perfect capital markets.
-Suppose you are a shareholder in Galt industries holding 600 shares,and you disagree with this decision to delever the firm.You can undo the effect of this decision by:
A)borrowing $6000 and buying 240 shares of stock.
B)selling 240 shares of stock and lending $6000.
C)borrowing $9000 and buying 360 shares of stock.
D)selling 360 shares of stock and lending $9000.

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The Answer of Use the following information to answer the question(s)below.
Galt Industries has 50 million shares outstanding and a market capitalization of $1.25 billion.It also has $750 million in debt outstanding.Galt Industries has decided to delever the firm by issuing new equity and completely repaying all the outstanding debt.Assume perfect capital markets.
-Suppose you are a shareholder in Galt industries holding 600 shares,and you disagree with this decision to delever the firm.You can undo the effect of this decision by:
A)borrowing $6000 and buying 240 shares of stock.
B)selling 240 shares of stock and lending $6000.
C)borrowing $9000 and buying 360 shares of stock.
D)selling 360 shares of stock and lending $9000.

Use the Following Information to Answer the Question(s)below