Question: How can Chris have a debt - to - value ratio of 0 . 7 in his portfolio if he wants to buy shares of

How can Chris have a debt-to-value ratio of 0.7 in his portfolio if he wants to buy shares of Hudson Brewery, a zero-debt firm with 24 million shares outstanding priced at $31? Chris has $90,000 to invest.
a.
invest $63,000 in the bonds and $27,000 in the shares of Hudson
b.
invest $27,000 in the bonds and $63,000 in the shares of Hudson
c.
borrow $27,000 and buy $117000 worth of shares of Hudson
d.
borrow $63,000 and buy $153,000 worth of shares of Hudson
e.
borrow $210,000 and buy $300,000 worth of shares of Hudson

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