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If a firm has debt outstanding the contingent claim of an equity shareholder is: A. equal to the firm cash flows minus the fixed debt
If a firm has debt outstanding the contingent claim of an equity shareholder is:\ A. equal to the firm cash flows minus the fixed debt payment if the residual cash flows are positive\ B. equal to the firm cash flows minus the fixed debt payment whether positive or negative\ C. equal to the debt payment plus the residual cash flow of the firm.\ D. equal to the payment to the debtholders\
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