Sunburn Sunscreen has a zero coupon bond issue outstanding with a $21,000 face value that matures in one year. The current market value of the firm's assets is $22,800. The standard deviation of the return on the firm's assets is 34 percent per year, and the annual risk-free rate is 5 percent per year, compounded continuously. The firm is considering two mutually exclusive investments Project A has an NPV of $1,900, and Project B has an NPV of $2,700. As the result of taking Project A, the standard deviation of the return on the firm's assets will increase to 44 percent per year. If Project Bistaken, the standard deviation will fall to 26 percent per year. a-1 What is the value of the firm's equity and debt if Project A is undertaken? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Market value Equity Debt a-2What is the value of the firm's equity and debt if Project B is undertaken? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Market value Equity Debt $ The price of Chive Corp. stock will be either $83 or $113 at the end of the year. Call options are available with one year to expiration. T-bills currently yield 4 percent. a. Suppose the current price of the company's stock is $93. What is the value of the call option if the exercise price is $80 per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. Suppose the exercise price is $105 and the current price of the company's stock is $93. What is the value of the call option now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Call value b. Call value