Question: Use the option data from the table to determine the rate Buffin would have paid if it had issued $112.28 billion in zero-coupon debt due

 Use the option data from the table to determine the rate
Buffin would have paid if it had issued $112.28 billion in zero-coupon

Use the option data from the table to determine the rate Buffin would have paid if it had issued $112.28 billion in zero-coupon debt due in January 2017. Suppose Buffin currently had 295.48 million shares outstanding, implying a market value of $119.92 billion. The current two-year risk-free rate is 4.50%. (Assume perfect capital markets.) The yield on the Buffin debt is \%. (Round to one decimal place.) Data table

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