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Find price per share of company 3 million shares outstanding

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Reference no: EM131129828

Corpus Christie Inc has $10 million face value zero-coupon bonds due in 6 years, and its σ is 0.4. The total market value of Corpus Christie is $25 million and the riskless rate is 4%. The company has 3 million shares outstanding. Find its price per share.

Reference no: EM131129828

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