Please answer all the blanks and provide explanations. Thank you!

Blue Ram Brewing is a manufacturing firm. Blue Ram's current value of operations, including debt and equity, is estimated to be $35 million. Blue Ram has $14 million face-value zero coupon debt that is due in two years. The risk-free rate is 5%, and the volablity of companies similar to Blue Ram is 60%. Blue Ram's performance has not been very good as compared to previous years. Because the company has debt, it will repay its loan, but the colmpany has the option of not paying equity holders. The ability to make the decision of whether to pay or not looks very much like an option. Based on your understanding of the Black-Scholes option pricing model (OPM), calculate the following values and complete the table. (Note: Use 2.7183 as the approximate value of e in your colculations. Do not round intermediate calculations. Round final answers to two decimal places.) camplete the following table, assuming that the goal is to reduce the company's volatility to 30%. (Note: Do not round intermediate calculations. Round final answers to two decimal places.) Complete the following sentence, assuming that Blue Ram's risk management strategy is successful. If its risk management strategy is successful and Blue Ram can reduce its volatility, the value of Blue Ram's debt will , and the value of its stock will