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2 pts U Question 4 Continuing with the information about Columbia: As in our examples we'll assume that firms we said wouldn't issue in the previous question end up dropping out of the market. Nothing else changes in terms of bond buyer requirements Comidering what form/turms is/are left as Stage One ends and we begin the next stage, what percentage chance of success will buyers use when making calculations? Carefully follow all numeric instructions Enter your answer as a percent, but without the percentage sign." In other words, it your answer is 99.99%, enter only 99.99 in the blank. ol of 2 pts Question 5 Continuing with the information about Columbia Now we're in Star Two with the assumptions we stated in the last question What is the new required minimum potential return bood buyers will demand to buy bonds under these conditions, taking into account for vi? Carefully follow al numericostruction For the first seven questions, consider the economy of Columbia. In this economy, there are three firms potentially interested in issuing a $100,000 bond to do a project each hopes will be profitable: The Heckle Firm has a 70% chance of a $150,000 return. The Ickle Firm has an 80% chance of a $140,000 return. The Jackle Firm is credibly guaranteed to get a $100,000 return. The only other possibility for all firms is failure, a $0 return. Assume that these firms will issue bonds as long as savers want them. Calculate the expected value of the Ickle Firm's project. Carefully follow all numeric instructions. 2 pts U Question 4 Continuing with the information about Columbia: As in our examples we'll assume that firms we said wouldn't issue in the previous question end up dropping out of the market. Nothing else changes in terms of bond buyer requirements Comidering what form/turms is/are left as Stage One ends and we begin the next stage, what percentage chance of success will buyers use when making calculations? Carefully follow all numeric instructions Enter your answer as a percent, but without the percentage sign." In other words, it your answer is 99.99%, enter only 99.99 in the blank. ol of 2 pts Question 5 Continuing with the information about Columbia Now we're in Star Two with the assumptions we stated in the last question What is the new required minimum potential return bood buyers will demand to buy bonds under these conditions, taking into account for vi? Carefully follow al numericostruction For the first seven questions, consider the economy of Columbia. In this economy, there are three firms potentially interested in issuing a $100,000 bond to do a project each hopes will be profitable: The Heckle Firm has a 70% chance of a $150,000 return. The Ickle Firm has an 80% chance of a $140,000 return. The Jackle Firm is credibly guaranteed to get a $100,000 return. The only other possibility for all firms is failure, a $0 return. Assume that these firms will issue bonds as long as savers want them. Calculate the expected value of the Ickle Firm's project. Carefully follow all numeric instructions

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