Question 3 7.0/8 points (graded) The market value of asset of Company XYZ is currently $15,000,000. The capital structure of XYZ has two elements: debt with face value $10,000,000, which matures in one year from now, and common equity, with 100,000 shares outstanding. Currently, the total market value of XYZ's debt is $8,000,000, and the market value of its equity is $7,000,000. (a) Complete the table below entering XYZ's equity and debt values (in millions) conditional on the value of its assets a year from now. Assets Total Equity Total Debt $5 mln 0 $ million 5 $ million $15 min 5 $ million 10 $ million $25 min 15 $ million 10 $ million Consider a European call and put options on the stock of XYZ maturing a year from now. Assume that the stock of XYZ pays no dividends during the life of the options, and the strike price of the options is $50. Assume that a year from now the total value of assets of XYZ can take only one of two values: $5,000,000 or $25,000,000. (b) What is the market value of the described call option today? 46.67 $ Use 2 decimal places of precision. (c) What is the market value of the described put option today? 16.67 Use 2 decimal places of precision