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Use your Black-Scholes option pricer to reproduce the results for the merger shown in the Combined column of the table on slide 14 of lecture

Use your Black-Scholes option pricer to reproduce the results for the merger shown in the Combined column of the table on slide 14 of lecture 23, and calculate the impact on each of these values (Firm, Equity, and Debt) if the cash-flow correlation decreased from 0.4 to 0.2, and briefly explain the impact that you calculated.

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