Gables Corp owes $80 in debt, due at the end of the year. Gables must invest in one of two projects for this year, and that project will give all the resources available to repay the debt and distribute the remainder to the shareholders. Project 1 Probability Outcome 0.50 $100 0.50 $60 Project 2 Probability Outcome 0.50 $120 0.50 $40 It looks as though the expected value of both projects is $80. What are the likely preferences between shareholders and creditors? A. B C D. Both shareholders and creditors prefer Project 1 Shareholders prefer Project 1 and creditors prefer Project 2 Shareholders prefer Project 2 and creditors prefer Project 1 Both shareholders and creditors prefer Project 2