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Question 3 A firm is borrowing a three-year zero-coupon loan with a repayment obligation of $415,000. The market value of the firm's assets is estimated

Question 3 A firm is borrowing a three-year zero-coupon loan with a repayment obligation of $415,000. The market value of the firm's assets is estimated at $624,000. Risk-free interest rate is 2%, and...

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