Okazaki company has 40 million face value zero-coupon bonds


Okazaki Company has $40 million face value zero-coupon bonds due in 9.5 years, and its σ is 0.371. The total market value of Okazaki Company is $230 million and the riskless rate is 2.9%. The stock of the company sells at $32 per share. Find the number of shares outstanding. Find solution.

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Financial Management: Okazaki company has 40 million face value zero-coupon bonds
Reference No:- TGS01219814

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