Firm WHOA is a one$-$year firm that produces a single cash flow next year. In the good state, the assets produce $$40$M and in the bad state the assets produce $$18$M$.$ The two states are equally likely. The firm owes $$20$M in debt next year and has no other debt outstanding. If the firm defaults, it must pay $$2$M in legal fees and other bankruptcy costs. The firm has an asset beta of $0\mathrm{.}95$ and a debt beta of $0\mathrm{.}10.$ Assume a risk free rate of $3$ percent, the market risk premium is $8$ percent, and that there are $2$M shares outstanding. a$)$ What is the value of WHOA's assets? b$)$ What is the value of WHOA's debt? c$)$ What is WHOA's current stock price?