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In the event of bankruptcy, Quid Pro Quo Ltd will lose 15% of its pre-bankruptcy value. Quid Pro Quo's unlevered value is $122M, it has

In the event of bankruptcy, Quid Pro Quo Ltd will lose 15% of its pre-bankruptcy value. Quid Pro Quo's unlevered value is $122M, it has $61M of perpetual debt, and the probability of bankruptcy is 15%. Find the value of the firm (in $MM) if the tax rate is 37%." 108.43 141.32 122.28 144.57 132.11

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