Moving to another question will save this response. Question 7 Suppose Firm XYZ has 150 cash but needs to pay debtholders 300 next year. The CEO hast t 8096) or 500 (with a probability 2096). Assume no discount rate for simplicity. Select the corre The firm is in financial distress The project increases firm value If implemented, equity holders will gain at the expense of debt holders If implemented, debt holders will gain at the expense of equity holders A Moving to anothor quarti Question 16 2 points Site portunity to invest in a project that costs 150 and pays either o next year (with a probability atements: w > Question 7 2 points Seved Suppose Firm XYZ has 150 cash but needs to pay debtholders 300 next year. The CEO hast the opportunity to invest in a project that costs 150 and pays either o next year with a probability 8096) or 500 (with a probability 2096). Assume no discount rate for simplicity. Select the correct statements: The firm is in financial distress The project increases firm value If implemented, equity holders will gain at the expense of debt holders If implemented, debt holders will gain at the expense of equity holders w A Moving to another question will save this response.