As the CEO of XYZ, you are considering a new growth project. The state of the project will depend critically on the state of the economy over the next few years. Also, XYZ has a bond issue outstanding with a face value of $30 million that is due in one year. XYZ is restricted from issuing additional debt. This means that the project will be entirely financed with equity at a cost of $6 million. The value of the company in each state of the economy next year, with and without the project is in fahle haln... Q1- Would the company's stockholders be better off with or without the growth project? Why? Q2- What is the expected value of the company's debt and the company's equity in one year, with and without the project? Q3- One year from now, how much value creation is expected from the project for stockholders? Bondholders