se the option data from July 23, 2009 in the table, LOADING..., to determine the rate Google would have paid if it had issued $ 128.00 billion in zero-coupon debt due in January 2011. Suppose Google currently had 320.00 million shares outstanding, implying a market value of $ 135.13 billion. Risk-free rate is 1.2%.

(%) B20-31 (book/static) Use the option data from July 23, 2009 in the table to determine the rate Google would have paid if it had issued $128.00 billion in zero-coupon debt due in January 2011 . Suppose Google currently had 320.00 million shares outstanding, implying a market value of $135.13 billion. Risk-free rate is 1.2%. (Assume perfect capital markets.) The yield on the Google debt is 12.3 %. (Round to one decimal place.) The credit spread Google would have to pay is %. (Round to one decimal place.) Data Table (Click on the Icon located on the top-right comer of the data table below in order to copy its contents into a spreadsheet.) GOOG 422.27 +7.87 Jul 13 2009 13:10 EST Vol 2177516 Open Int alls Bid Ask 273.60 276.90 100 82 172 103 98 408 63 11 Jan 150.0 (OZFAJ) 11 Jan 200.0 (OZF AA) 11 Jan 250.00 (OZF AU) 11 Jan 280.0 (OZF AX) 11 Jan 300.0 (OZF AT) 11 Jan 320.0 (OZF AD) 11 Jan 340.0 (OZF AI) 11 Jan 350.0 (OZF AK) 11 Jan 360.0 (OZF AM) 11 Jan 380.0 (OZF AZ) 11 Jan 400.0 (OZF AU) 11 Jan 420.0 (OZF AG) 11 Jan 450.0 (OZF AV) 228.90231.20 188.80 65.00 150.10 135.90 122.60 116.10 110.00 98.00 186.50 162.80 148.20 133.90 120.50 114.10 107.90 95.80 85.10 74.60 61.80 269 87.00 2577 76.90 63.30 379 Enter your answer in the answer box and then click Check Answer Print Done All parts showing