This debate had caused the directors’ meeting to run over its scheduled conclusion and nosigns of agreement had developed. Ms. Thorp asked that the discussion of financing alternatives beheld over until the June meeting to allow her time to prepare additional material. Now, as the datefor the meeting approached, Ms. Thorp once again turned her attention to the issues raised at theboard meeting. She realized that a considerable number of issues raised by the directors needed to beconsidered, and she designed a chart to aid in the comparison of the debt and stock alternatives(shown as Exhibit 3).