Acort Industries owns assets that will have ain) 70% probability of having a market value of $43 million in one year. There is a 30% chance that the assets will be worth only $13 milion. The current risk-free rate is 3%, and Acort's assets have a cost of capital of 12% a. If Acort is revered, what is the current market value of its equity? b. Suppose instead that Acort has debt with a face value of $12 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 rotum of Acort's equity with lover go? d. What is the lowest possible realized return of Acorts equity with and without loverago? a Acort is unlevered, what is the current market value of its equity The current market value of the levured equity is 3 milion (Round to the decimal places)