VYour company's CEO has just learned that your firm's equity can be viewed as an option. Why might he want to increase the riskiness of the company, and why might other stakeholders be unhappy about this? Please research and respond to both parts of the discussion to get full credit. The textbook should not be used as a reference Assume that the firm can sell new bonds at par regardless of its leverage ratios. (2) No required investment in capital is needed. Hence, FCF = NOPAT = EBIT (1 T). (3) Assume that the constant growth valuation formula with the growth rate = 0 is appropriate and the value of nonoperating assets is zero.