decided to go public and issued stock. But the funds from stock were not enough and they also sold bonds, which means they issued debt instruments as well. Steve bought $1,000$ shares of Bearkat Autos stock. Jim bought $$50,000$ worth of Bearkat Autos bonds $($debt$).$ Bearkat Autos is considering making three$-$wheeled, electric motorcycles. This will cost the firm $$25$ million to build a new plant. There is a $60\%$ chance that this will be successful and will double the profits of the firm. But if it fails, there is a $10\%$ chance that the firm will go bankrupt.