Question: Please answer within the hour 5. In a given year, a levered firm has interest payments of $1000 and EBIT of $500. Thinking about the
Please answer within the hour
5. In a given year, a levered firm has interest payments of $1000 and EBIT of $500. Thinking about the firm as a call option held by stockholders, would this option be "in the money" or "out of the money?" Why
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