Boeing Company is expecting to have EBIT next year of $10 million, with a standard deviation of $5 million. Boeing has $40 million in bonds with coupon of 8%, selling at par, which are being retired at the rate of $3 million annually. Boeing also has 200,000 shares of preferred stock, which pays annual dividend of $4 per share. The tax rate of Boeing is 35%. Calculate the probability that Boeing will not be able to pay interest, sinking fund, and preferred dividends, out of its current income, next year

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