dilution via new debt) Your loan to Penguin Development is now due. Penguin has (Or of $200, and your loan, the firm's only debt, has a $100 balance. What loan payment do you expect from Penguin? Penguin has taken on an additional $150 of debt, which has the same claim on assets as your debt. The firm still has $200 of assets. What loan payment do you now expect sets from Penguin? l. Asset substitution and u