If an investor buys a portion (X)of both the debt and equity of a levered firm, then his/her payoff is
A)(X)× (profits).
B)(X)× (interest).
C)(X)× (profits − interest).
D)None of these options.

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The Answer of If an investor buys a portion (X)of both the debt and equity of a levered firm, then his/her payoff is
A)(X)× (profits).
B)(X)× (interest).
C)(X)× (profits − interest).
D)None of these options.

If an Investor Buys a Portion (X)of Both the Debt