please answer all three parts of the question and pick a mutiple choice answer.

The table below presents the pay-off profile for the firm (all values in millions of $). Assume that the manager's objective is to made the value to current shareholders and that the manager knows the true state of the world, but the public does not Good State Bad State 30% Probability 70% PV of Assets in Place 155 80 Investment Cont 30 30 13 35 PV of New Investment NPV of Investment 5 Value of Ansats with Investment 175 65 The manager announces that she will invest in the new project. Suppose that first the manager will raise $30 by issuing equity and that the public does not infor the state of the world from the manager's actions. What percentage of the firm will be sold to raise $30M? O 031 O 0.25 0.21 What is the APV of the new investment project (NPV of the new investment plus the NPV of mispricing) if the manager know that the true state of the world is bad2 19M OM O IM Is there a state of the world in which the manager would not issue equity to invest? Yes, the bad state No, she would issue equity in both states Yes, the good state The table below presents the pay-off profile for the firm (all values in millions of $). Assume that the manager's objective is to made the value to current shareholders and that the manager knows the true state of the world, but the public does not Good State Bad State 30% Probability 70% PV of Assets in Place 155 80 Investment Cont 30 30 13 35 PV of New Investment NPV of Investment 5 Value of Ansats with Investment 175 65 The manager announces that she will invest in the new project. Suppose that first the manager will raise $30 by issuing equity and that the public does not infor the state of the world from the manager's actions. What percentage of the firm will be sold to raise $30M? O 031 O 0.25 0.21 What is the APV of the new investment project (NPV of the new investment plus the NPV of mispricing) if the manager know that the true state of the world is bad2 19M OM O IM Is there a state of the world in which the manager would not issue equity to invest? Yes, the bad state No, she would issue equity in both states Yes, the good state