Question: What does the Moody's Analytics model use as equivalent to holding a call option on the assets of the firm? The value of equity in

What does the Moody's Analytics model use as equivalent to holding a call option on the assets of the firm?
The value of equity in a firm.
Total liabilities of a firm.
Net income of a firm.
Dividend yield of investments.
Short-term debt liabilities of a firm.
What does the Moody's Analytics model use as

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