(4 points) Your boss asks you to determine the fair market value of a bond. The following information is available about this bond: the bond contract specifies only one payment of $220 million in one year. The firm defaults on this contract with 5% probability, but you do not have information on the payment bondholders will receive in the event of default. The yield to maturity on comparable bonds trading in the market is 10%, and the firm's cost of debt r d (expected return) is 8%. The best answer to your boss is that the fair value of the bond is: O a. More than 216 million Ob. 216 million c. More than 206 million and less than 216 million d. 206 million Oe. More than 200 million and less than 206 million Of. 200 million O g. Less than 200 million Oh. There is not enough information to determine the fair market value, since we do not know what the actual payment will be O i. None of the above