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A firm has 65% probability of being worth $100 million and a 35% probability of being worth $130 million There is one bond outstanding that
A firm has 65% probability of being worth $100 million and a 35% probability of being worth $130 million There is one bond outstanding that promises to pay $100 million at an interest rate of 7%. The cost of capital for the fun's projects is 9% What is the current value of the firm's levered equity? Group of answer choices 10,50 . 7.92 none are correct 101.38
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