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The total value (debt plus equity) of Wilson Dover Inc. is $500 million and the face value of its 1- year coupon debt is $200

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The total value (debt plus equity) of Wilson Dover Inc. is $500 million and the face value of its 1- year coupon debt is $200 million. The volatility (s) of Wilson Dover's total value is 0.60, and the risk-free rate is 5%. Assume that N(d) = 0.9490 and N(d) = 0.8052 Based on this information answer the following: What is the yield on Wilson Dover's debt? 11.92% 10.03% 13.14% 12.24% None of the above

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