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23. Equity holders can be viewed as holding a call option on the firms __________ with exercise price being ___________. A. debt; the total assets
23.
Equity holders can be viewed as holding a call option on the firms __________ with exercise price being ___________.
A. debt; the total assets of the firm
B. equity; the face value of the firms debt
C. total assets; the market value of the firms equity
D. total assets; the face value of the firms debt
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