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35 of 40 (28 complete)D This Test: 40 pts possibl Use the information for the question(s) below Consider two fims, Firm X and Firm Y,

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35 of 40 (28 complete)D This Test: 40 pts possibl Use the information for the question(s) below Consider two fims, Firm X and Firm Y, that have identical assets that generate identical cash flows. Firm Y is an all-equity firm, with 1 million shares outstanding that trade for a price of $24 per share Firm X has 2 million shares outstanding and $12 million in debt at an interest rate of 5%. According to MM Proposition I, the stock price for Firm X is closest to OA. $1200 O B. $8.00 ??. $600 O D. $24.00 Click to select your answer rt ( ne,, h, bbl n,? "brt sc , delete home end pg up pg dn 9 O backspace 8 9

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