Question: What does the KMV model use as equivalent to holding a call option on the assets of the firm? Question 5 options: The value of
What does the KMV model use as equivalent to holding a call option on the assets of the firm?
Question 5 options:
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| The value of equity in a firm. |
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| Total liabilities of a firm. |
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| Net income of a firm. |
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| Dividend yield of investments. |
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