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Hello, I need help answering this finance question below. 3. 1.00 points Bart's Mart will have a value or $41,000 if the economy does well
Hello, I need help answering this finance question below.
3. 1.00 points Bart's Mart will have a value or $41,000 if the economy does well this next year and a value or $32,000 if the economy does poorly. The probability of a good economy is 65 percent. The firm owes its bondholders $12,000. What is the market value of the firm if it only operates for one more year? O $24,500 $25,a50 O $14.650 $36,500 O $37,850Step by Step Solution
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