Consider two companies, Company X and Company Y$.$ Both companies will realise a cash flow in one year $-$ and no other cash$-$flows, at any other point in time. The cash flows in the two possible states of the economy, are reported in Table $2.$

Boom state $|$ Slump state CF$,$ Company X $900600$

CF$,$ Company Y $1200900$

Table $2.$ The cash$-$flows of company X and Company Y$.$

Company X is financed by both debt and equity. Its debt consists of a single bond with maturity in one year and face$-$value equal to SEK $500.$

Company Y is financed by both debt and equity. Its debt consists of a single bond with maturity in one year and face$-$value equal to SEK $700.$ Its market value is equal to SEK $950.$

The risk$-$free rate of interest is equal to $2\%.$ There are no taxes, and the assumptions of the Modigliani$-$Miller $$irrelevance theorem$$ are satisfied. The shareholders of the two companies have limited liability.

$5\mathrm{.}1.$ What are the cash$-$flows of the creditors and the shareholders of Company X in each state?

$5\mathrm{.}2.$ What are the cash$-$flows of the creditors and the shareholders of Company Y in each state?

$5\mathrm{.}3.$ What is the current value of the equity of Company X$?$

$5\mathrm{.}4.$ What is the current value of the equity of Company $?$ Dear Expert, kindly provide comprehensive notes and calculations to this problem for me okay. Thank you