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Given that a bond has a maturity of 5 years, the firm's debt face value is 290, the volatility of the assets is 28% and
Given that a bond has a maturity of 5 years, the firm's debt face value is 290, the volatility of the assets is 28% and firm value is 485 and the risk-free rate is 3%, the value of a firm's equity is 250.58. What is the spread on its bond in basis points?
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