Question: Use the Black-Scholes program from the Beyond the Page feature to value the Owens Corning warrants described in Section 21-4. The standard deviation of Owens

Use the Black-Scholes program from the Beyond the Page feature to value the Owens Corning warrants described in Section 21-4. The standard deviation of Owens Corning stock was 41% a year and the interest rate when the warrants were issued was 5%. Owens Corning did not pay a dividend. Ignore the problem of dilution.

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