Equity as an Option Sunburn Sunscreen has a zero-coupon bond issue outstanding with a $12,000 face value that matures in one year. The current market value of the firms assets is $12,800. The standard deviation of the return on the firms assets is 37 percent per year, and the annual risk-free rate is 3 percent per year, compounded continuously. Based on the BlackScholes model, what is the amount of the bond?