Question: Intro Kane Inc. has a zero coupon bond outstanding with a face value of $210 million that matures in 10 years. The market value of

Intro Kane Inc. has a zero coupon bond outstanding with a face value of $210 million that matures in 10 years. The market value of its assets is $261 million and the annual standard deviation of the return on the firm's assets is 46%. The risk-free rate is 8% (continuously compounded). Part 1 Attempt 1/1 for 10 pts. What is the value of the term dy in the Black-Scholes formula? 1+ decimals Save Part 2 Attempt 1/1 for 10 pts. What is the value of N(d)? Use Excel's NORM.S.DIST(ds, true) function. 2+ decimals Save Attempt 1/1 for 10 pts. Part 3 What is the market value of the firm's equity (In $ million)? 0+ decimals Save
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