Art, Music, and Creative Writing homework help

Art, Music, and Creative Writing homework help. A firm has assets worth $100 millions, and a volatility of 30%. The risk free rate is a constant of 8%. The firm has an outstanding bond with a 5-year maturity and maturityvalue of $50 millions, convertible to 10 million shares. There are also 20 million shares outstanding. What is the value of the bond? The share price?

Art, Music, and Creative Writing homework help

Posted in Uncategorized