Question: What's the answer please? Please do not use any sort of AI as they provide wrong/different answers! Thank you A Company has a current value

What's the answer please?

Please do not use any sort of AI as they provide wrong/different answers! Thank you

A Company has a current value of $10,000 and debt outstanding consisting of a zero-coupon bond with a face value of $10,000 due in one year. Risk-free rate is 11% per year. Assume the value of firm's assets will either increase by 15% or decrease by 15%. What is the current value of the firm's debt? Round the value of the firm's debt to two decimals (e.g. 22.05) and the unit is (\$). Your Answer: Answer units

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