Question: T . L . C . Enterprises just revised its capital structure from a debt - equity ratio of 3 7 to a debt -
TLC Enterprises just revised its capital structure from a debtequity ratio of to a debtequity ratio of A The firm's shareholders who prefer the old capital structure should:
borrow funds and purchase more shares.
sell some shares and loan out the sale proceeds.
sell some shares and hold the sale proceeds in cash.
do nothing.
sell all of their shares and loan out the entire sale proceeds.
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