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Suppose you valued a firm and came up with the value of equity of 9.50. The probability of financial distress is 10 percent in which

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Suppose you valued a firm and came up with the value of equity of 9.50. The probability of financial distress is 10 percent in which case, equity holders will recover 2.0 per share. What is the value per share under this scenario? O 8.75 09.30 O 2.00

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