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Bryce Body Works has a zero coupon bond outstanding with a face value of $ 1 1 million that matures in 5 years. The market

Bryce Body Works has a zero coupon bond outstanding with a face value of $11 million that matures in 5 years. The market value of its assets is $12 million and the annual standard deviation of the return on the firm's assets is 20%. The risk-free rate is 6%(continuously compounded).
What is the market value of the firm's equity (in $ million)?

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