Bankston would like to avoid issuing new stock. Which of the following actions would REDUCE its need to issue new common stock?a. Increase the dividend payout ratio for the upcoming year.b. Increase the percentage of debt in the target capital structure.c. Increase the proposed capital budget.d. Reduce the amount of short-term bank debt in order to increase the current ratio.e. Reduce the percentage of debt in the target capital structure.9). When working with the CAPM
