total $75 million, with a standard deviation of $50 million. The company's marginal tax rate is 40 percent. Use Table V to answer the questions. Round your answers to two decimal places. a. Under these conditions, what is the probability that Bowaite's will run out of cash during the recession? % recession of $60 million. Calculate the risk of running out of cash. % If Bowaite's is willing to accept a 13 percent chance of running out of cash, should the expansion (with debt financing) be undertaken