A diversified company consists of two divisions: jet engines and lightbulbs. A year from now, the jet engine division will produce either $300 if the economy is in expansion or $100 if the economy is in a recession. The lightbulb division will make $60 if the economy is in expansion or $340 if the economy is in recession. Each state of the economy is equally likely. The company has outstanding bonds with face value $240 to be repaid a year from now, and 100 outstanding shares. Assume no discounting, taxes, or bankruptcy costs