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XYZ Corporation has zero - coupon debt outstanding which has a face value of $ 4 0 0 , due in five years. The value

XYZ Corporation has zero-coupon debt outstanding which has a face value of $400, due in five years. The value of the firm's assets now doubles the face value of debt. The annualized standard deviation in firm valu comparable firms is 10% on a annual basis. The five-year T-bond rate is 5%. Estimate the value of equity, us option pricing model (keep two decimal places).
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