Business
Business, 14.10.2021 21:30, Knownothing

Bryan invested in Bryco stock when the firm was financed solely with equity. The firm now has a debt-equity ratio of 0.3. To maintain the same level of leverage he originally had, Bryan needs to: a. sell half of his Bryco stock and invest the proceeds in risk-free securities.
b. borrow some money and purchase additional shares of Bryco stock.
c. sell some shares of Bryco stock and loan out the proceeds.
d. sell some shares of Bryco stock and hold the proceeds in cash.
e. maintain his current position in Bryco stock.

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Bryan invested in Bryco stock when the firm was financed solely with equity. The firm now has a debt...

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