Question: Problem 13 Intro Bryce Body Works has a zero coupon bond outstanding with a face value of $10 million that matures in 5 years. The

 Problem 13 Intro Bryce Body Works has a zero coupon bond

Problem 13 Intro Bryce Body Works has a zero coupon bond outstanding with a face value of $10 million that matures in 5 years. The market value of its assets is $11 million and the annual standard deviation of the return on the firm's assets is 27%. The risk- free rate is 1% (continuously compounded). Part 1 - Attempt 1/8 for 10 pts. What is the market value of the firm's equity (in $ million)? 1+ decimals Submit

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