Lone Ranger enterprises currently has debt with a face value of $1,200. The company has received bad news about its product development, and is concerned about its future survival. The companys shareholders now face a difficult decision. They will revamp their product lines, and market research suggests that next year, the companys assets will either be $2000 or $200. The current risk free rate is 6.2% and the current value of the companys assets is $500. If the ratio of the market value of the companys debt today to the face value of the debt is 0.301a discount of 69.87%, what is the probability that the company survives next period? A. 0.178 B. 0.301 C. 0.528