Insert Draw Page Layout Formulas Data RevieView File Home Arial Ea Copy Paste Format Painter1 W-leeu1O-A- Merge & Center . Clipboard Font Alignment K72 D EF 4 Higgs Bassoon Corporation is a custom manufacturer of bassoons and other wind 5 instruments. Its current value of operations, which is also its value of debt plus 6 equity, is estimated to be $200 million. Higgs has $110 million face value, zero 71 coupon debt that is due in 3 years. The risk-free rate is 5%, and the standard 8-deviation of returns for similar companies is 60%. The owners of Higgs Bassoon 9 view their equity investment as an option and would like to know the value of their 0 investment. 2 a. Using the Black-Scholes Option Pricing Model, how much is the equity worth