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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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