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Current estimations place a regional firm as having a value of $750,000 in a boom and $300,000 otherwise. The probability of a boom is 45
Current estimations place a regional firm as having a value of $750,000 in a boom and $300,000 otherwise. The probability of a boom is 45 percent. The firm owes $350,000 to its debtholders, so what is the value of the firm to the shareholders? O $0 O $725,000 O $152,500 O $180,000
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