d. Project 4 ESTION 25 tlas Bolt and Lotto company began the year with Total Assets = $100,000 (all cash): Total Liabilities equal to $70,000 (all bank borrowings) and Shareholder Equity equal to $30.000. The managers of Atlas will be investing all $100,000 into only one of the following four projects and then will liquidate at the end of the year. The expected payoff to each project is listed below: Project 1: Guaranteed Payoff of $60,000 Project 2: 60% chance of a $70,000 payoff and 40% chance of a $50,000 payoff Project 3; 30% chance of a $90,000 payoff and a 70% chance of $30,000 payoff Project 4: 10% chance of $120,000 payoff and 90% chance of a $10,000 payoff Which of the four projects would the bankers prefer the Atlas managers invest in? Project 4 OD Project 1 O Project 2 d. Project Clark Sword Submit to now and somit Click Sam All Arousers to an al onts Save An A