10. A two-period firm borrows $100 to invest in a project. Project payoffs are given below. The risk- free rate is 10%, the dividend tax rate is 30%, limited liability is a thing. a. What is the face value of the bond sold by the firm to finance the investment? b. What is the value of one dividend-paying stock in the firm in period 1, if the firm has a total of 25 equal dividend paying stocks? Probability Payoff 0.1 -20 0.2 110 0.2 120 0.2 140 0.1 200 0.2 10,000