will upvote, thanks

The following pricing info uses spot Bitcoin price of $15,000 and annual volatility of 75%: 3-year Bitcoin Option Prices & Call Deltas K Call Put Call Delta 5,000 11,240 950 0.94 10,000 8,900 3,300 0.84 15,000 7,400 6,500 0.75 Bitcoin Mezzanine is a private company, with assets comprised of 1 million bitcoin. At the current bitcoin price of $15,000, the assets have a value of $15 billion. The bitcoin company is issuing zero-coupon senior debt with par (face) of $5 billion and zero-coupon junior debt with par (face) of $5 billion. Both the junior debt and the senior debt mature in three years. Please answer parts (a), (b) and (c): a) What is the theoretical value of $1 million par value of the junior debt? b) What is the expected return of the junior debt? c) If the price of bitcoin rises by $1000 (to $16,000), what is the expected change in the value of $1 million par value of the junior debt? The following pricing info uses spot Bitcoin price of $15,000 and annual volatility of 75%: 3-year Bitcoin Option Prices & Call Deltas K Call Put Call Delta 5,000 11,240 950 0.94 10,000 8,900 3,300 0.84 15,000 7,400 6,500 0.75 Bitcoin Mezzanine is a private company, with assets comprised of 1 million bitcoin. At the current bitcoin price of $15,000, the assets have a value of $15 billion. The bitcoin company is issuing zero-coupon senior debt with par (face) of $5 billion and zero-coupon junior debt with par (face) of $5 billion. Both the junior debt and the senior debt mature in three years. Please answer parts (a), (b) and (c): a) What is the theoretical value of $1 million par value of the junior debt? b) What is the expected return of the junior debt? c) If the price of bitcoin rises by $1000 (to $16,000), what is the expected change in the value of $1 million par value of the junior debt