Assume perfect capital markets when solving this problem. Depending on the product in the market, the company estimates

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Assume perfect capital markets when solving this problem.
Depending on the product in the market, the company estimates they
will either have a value of $100 million, $250 million, or $300
million next year (equal probability for all 3 outcomes). Assume
the project has a beta of 0 and the risk free rate is equal to cost
of capital equity being at 5%. Assume perfect capital markets. If
Company A’s assets decrease by 20% (because of bankruptcy) assume
the company has a zero-coupon debt with a $150 million face value
that must be given the following year. What is the total leverage
of Company A today closest to?