Savid, Inc. has an expected market value of assets in one year of $20 million. The annual volatility of asset returns (standard deviation) for Savid has been determined to be $4.2 million. If the distance to default is 2.7, Savid's default threshold is closest to:
A$4.2 million.
B$6.9 million.
C$9.43 million.
D$8.66 million.
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