d) Assume that instead, the debtholders had negotiated a covenant based on the maximum amount of...

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d) Assume that instead, the debtholders had negotiated a covenant based on the maximum amount of investment (so, they set a maximum on the amount of investment, such as the $500 in project costs). Assume that the probabilities and returns are proportionate (so, 40% probability that you double your money, and 60% chance that you lose your investment). What is the maximum amount of investment into this type of project that would allow shareholder and debtholder incentives to be aligned (should be less than $500 in this instance)? $150 $200 $250 $300 d) Assume that instead, the debtholders had negotiated a covenant based on the maximum amount of investment (so, they set a maximum on the amount of investment, such as the $500 in project costs). Assume that the probabilities and returns are proportionate (so, 40% probability that you double your money, and 60% chance that you lose your investment). What is the maximum amount of investment into this type of project that would allow shareholder and debtholder incentives to be aligned (should be less than $500 in this instance)? $150 $200 $250 $300