Our band wants to cover a song originally in E major, which is sung by female. Since our singer is male, he wants to transpose down a P4 to B major, but the original being a E major I already have notes hitting the open E string.

Without using a 5 strings, what are my options?
1. transpose everything up a perfect fifth. Would it be too high for bass when others (guitar and keyboard) are transposing down?
2. transpose down perfect fourth as long as I could, only transpose up for those chords...

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