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Question 1 0.4 pts a A firm has a 30% chance of producing $115 in cash flows next year, and a 70% chance of producing
Question 1 0.4 pts a A firm has a 30% chance of producing $115 in cash flows next year, and a 70% chance of producing $200 in cash flows. Assume risk neutrality and a cost of capital of 8%. What is the value of the firm if debt has a face value of $100, and deadweight financial distress costs are $33? O 157.50 O 164.60 O 185.19 O 152.41
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