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QUESTION 24 Harry Styles & co. has a senior creditor that is owed $100 immediately. Harry Styles & co is seeking to borrow $50 from

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QUESTION 24 Harry Styles & co. has a senior creditor that is owed $100 immediately. Harry Styles & co is seeking to borrow $50 from a junior creditor to stock its inventory of bad music. After the inventory restocking, the business will have $200 in EBIT, and has promised to repay the junior creditor by pledging 40% of its EBIT. What is the junior creditor's net payoff from making this loan? O $40 O $90 O $-10 O $-40 10 points Save

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