You own a bond with a face value of $1000 and a conversion ratio of 425. What
Question:
You own a bond with a face value of $1000 and a conversion ratio of 425. What is the conversion price?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
To calculate the conversion price of a bond you divide the face valu...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292437156
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
Question Posted:
Students also viewed these Business questions
-
Last Sale Net Bid Ask Open Int Puts Last Sale Net bid Ask Vol Open Int 16Aug 155.00(1619H155-E) 6.45 0.75 6.95 7.25 9 16Aug 155.00(1619T155-E) 1.18 (0.75) 1.17 1.25 61 4505 16Aug 166.00(1619H160-E)...
-
You own a bond with a face value of $10,000 and a conversion ratio of 450. What is the conversion price?
-
You wanted to open a library, so you have bought N books and K racks (having N/K slots). All these books are currently just lying on the floor. Fortunately, you have the titles, ISBNs, and barcodes...
-
1. If an industry is formed by six companies. Four companies have sales of $ 10 each, and two companies have sales of $ 5 each. a. What is the concentration ratio of four companies for this industry?...
-
Find (a) f g, (b) g f, (c) g g. 1. f (x) = x + 8, g(x) = x 3 2. f (x) = 4x, g(x) = x + 7
-
Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for...
-
On December 31, 2015, Launch Oil Companys unproved property account for leases that are not individually significant had a balance of \($800,000\). The impairment allowance account had a balance of...
-
Kalen is a seventeen-year-old minor who has just graduated from high school. He is attending a university two hundred miles from home and has contracted to rent an apartment near the university for...
-
"Rami & Esam Company on December 31 has cash $20,000, noncash assets $100,000, abses $55,000, and the fubowing share capital balances Rami $45 000 and Esas 120 000 The Smagunda 25 points Save Answer...
-
A $1000 face value bond has a conversion ratio of 48. You estimate the transaction costs of conversion to be 2.7% of the face value of the bond. What price must the stock reach in order for you to...
-
Boeing Corporation has just issued a callable (at par) three-year, 4.7% coupon bond with semiannual coupon payments. The bond can be called at par in two years or anytime thereafter on a coupon...
-
Estimated liabilities involve an obligation to pay which of these? (a) An uncertain but reasonably estimated amount owed on a known obligation or (b) A known amount to a specific entity on an...
-
Barlow Company manufactures three productsA, B, and C. The selling price, variable costs, and contribution margin for one unit of each product follow: Selling price Variable expenses: Direct...
-
Imagine / assume you are running a merchandizing firm with a capital of $100,000-$500,000. You are free to assume / invest within the range of $ 100,000 - $ 500,000, depending on the size of the...
-
Outpatient Surgery is developing an RVU and product cost for the following surgical procedures, given the projected volumes and sample direct costs.Projected total costs for the Outpatient Surgery...
-
- Part A (3 marks) Does the line (t + 1, 2t 1, 3t) intersect the plane x-2y+z 0? Justify your answer. Part B (4 marks) Find the distance between the line (t + 1, 2t - 1,3t) and the plane x-2y+z=0
-
QUESTION 1: DCF You are the CFO of company ABC, a manufacturer of exercise machines. Your firm is considering opening up a new store in Barrie. As part of setting up the store, you invest in...
-
During FY 2014, the voters of Surprise County approved construction of a $21 million police facility and an $11 million fire station to accommodate the countys population growth. The construction...
-
Use the following data to answer the next two (2) questions: Product 1 Product 2 Product 3 Direct Material Cost $25,000 $30,000 $35,000 Direct Labor Cost $30,000 $40,000 $50,000 Direct Labor Hours...
-
Can our goal of maximizing the value of the stock conflict with other goals, such as avoiding unethical or illegal behavior? In particular, do you think subjects like customer and employee safety,...
-
Can our goal of maximizing the value of the stock conflict with other goals, such as avoiding unethical or illegal behavior? In particular, do you think subjects like customer and employee safety,...
-
Would our goal of maximizing the value of the stock be different if we were thinking about financial management in a foreign country? Why or why not?
-
Japan Company produces lamps that require 2 standard hours per unit at a standard hourly rate of $18.30 per hour. Production of 7,900 units required 15,330 hours an hourly rate of $18.70 per hour....
-
Investors may accept an asset with greater risk, only if the asset. Multiple Choice costs less costs more offers greater risk premium offers less return
-
Paver Corporation is making a $102,000 investment in equipment with a 5-year life. The company uses the straight-line method of depreciation and has a tax rate of 20 percent. The companys required...
Study smarter with the SolutionInn App