Acort Industries owns assets that will have a(n) 85% probability of having a market value of 541 million in one year. There is a 15% chance that the assets will be worth only $11 million. The current risk-fron rate is 11%, and Acort's assets have a cost of capital of 22% a. If Acort is unlevered, what is the current market value of its equity? b. Supporo instead that Acort has debt with a face value of $9 millon due in one year. According to M&M, 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 realized return of Acort's equity with and without loverage? + GELELE a. If Acort is unlevered, what is the current market value of its equity? The current market value of the unlevered equity in 8 million (Round to three decimal places)