Suppose your company owes $50 to bond holders but you only have $30 in assets and $20 in cash. The $50 loan is due next year. You have an opportunity to invest in a project that costs $20 today, with the cost of capital of 0%. This project will either pay $120 with 10% probability next year, or $0 with 90% probability. a. What is the NPV of this project? b. Show that as an equity holder who maximizes equity value, you should implement this project. Suppose your company owes $50 to bond holders but you only have $30 in assets and $20 in cash. The $50 loan is due next year. You have an opportunity to invest in a project that costs $20 today, with the cost of capital of 0%. This project will either pay $120 with 10% probability next year, or $0 with 90% probability. a. What is the NPV of this project? b. Show that as an equity holder who maximizes equity value, you should implement this project