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Memphic Memphic
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7 years ago
Suppose that the managers at Rearden Metal will increase risk to maximize the expected payoff to equity holders. If Rearden has $230 million in debt due in one year, then the expected value of Rearden's assets are closest to:
A) $280 million
B) $295 million
C) $300 million
D) $900 million
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
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EgorGruzdevEgorGruzdev
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