One year has passed and Sands's common equity price has increased to $58 per share. Name the

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One year has passed and Sands's common equity price has increased to $58 per share. Name the two components of the convertible bond's value. Indicate whether the value of each component should increase, stay the same, or decrease in response to the increase on Sands's common equity.
Stephanie Podendorf is evaluating her investment alternatives in Sands Incorporated by analyzing a Sands convertible bond and Sands common equity. Characteristics of the two securities are as follows:
One year has passed and Sands's common equity price has
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