Use the option data from July 13, 2009 in the following table to determine the rate Google
Question:
Use the option data from July 13, 2009 in the following table to determine the rate Google would have paid if it had issued $101.89 billion in zero-coupon debt due in January 2011. Suppose Google currently had 318.41 million shares outstanding, implying a market value of $134.22 billion.
Transcribed Image Text:
GOOG Jul 13 2009 @ 13:10 ET Calls 11 Jan 150.0 (OZF AJ) 11 Jan 160.0 (OZF AL) 11 Jan 200.0 (OZF AA) 11 Jan 250.0 (OZF AU) 11 Jan 280.0 (OZF AX) 11 Jan 300.0 (OZF AT) 11 Jan 320.0 (OZF AD) 11 Jan 340.0 (OZF AI) 11 Jan 350.0 (OZF AK) 11 Jan 360.0 (OZF AM) 11 Jan 380.0 (OZF AZ) 11 Jan 400.0 (OZF AU) 11 Jan 420.0 (OUP AG) 11 Jan 450.0 (OUP AV) Bid 95.80 85.10 422.27 +7.87 Vol 2177516 74.60 61.80 Ask 273.60 276.90 264.50 267.20 228.90 231.20 172 186.50 188.80 103 162.80 165.00 98 148.20 150.10 408 133.90 135.90 63 120.50 122.60 99 114.10 116.10 269 107.90 110.00 66 98.00 88 87.00 2577 76.90 66 63.30 379 Open Int 100 82
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Related Book For
Corporate Finance The Core
ISBN: 9781292158334
4th Global Edition
Authors: Jonathan Berk, Peter DeMarzo
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