Question: Given the following parameter values,use the Merton model to find the spread on the firm's bond.Maturity=6 years,Debt face value=485,Volatility of the assets=28%,Firm value=600,Riskfree rate=5%.Report your

Given the following parameter values,use the Merton model to find the spread on the firm's bond.Maturity=6 years,Debt face value=485,Volatility of the assets=28%,Firm value=600,Riskfree rate=5%.Report your answer to the nearest basis point

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