Acort industries o ns assets that will have a n 60% probability o having a market value of $51 million in one year. There is a 40% chance t capital of 20%. atthe assets will be worth only $21 milion. The current nsk ree rate is 10 and Acort's assets have a cost o a. If Acort is unlevered, what is the current market value of its equity? b. Suppose instead that Acort has debt with a face value of $21 million due in one year. According to MM, what is the value of Acort's equity in this case? c. What is the expected return of Acort's equity without leverage? What is the expected return of Acort's equity with leverage? d. What is the lowest possible realzed return of Acort's equity with and without leverage