Assume Airtel Inc.'s portfolio market value is $ 1.000.000. The firm's management is concerned with the potential impact of the elections result in the economy next year. The firm estimates there is a 40% chance of increasing market instability with potential losses to the firm of $300,000. The firm is contemplating several strategies and also is considering not taking any action. Given the risk profile of the firm, if management does not take any action the cost of residual uncertainty will be $140,000. Alternatively, the firm could increase its protection hedging and moving money abroad. This will reduce the likelihood of losses to 15%. The new hedges- investments will cost the firm S100.000 and will reduce the residual uncertainty cost to $90,000. What is the differential in firm value between not doing anything and implementing new investment risk management strategies? $0 $25,000 $45,000 $75,000 $125,000