$1.$ Illustration: Roche Group $($C H E$)$ issues $2,000$ convertible bonds at the beginning of $2022.$ The bonds have a four$-$year term with a stated rate of interest of $6$ percent and are issued at par with a face value of $1,000$ per bond $($the total proceeds received from issuance of the bonds are $2,000,000).$ Interest is payable annually at December $31.$ Each bond is convertible into $250$ ordinary shares with a par value of $1.$ The market rate of interest on similar non$-$convertible debt is $9$ percent. A$)$ Drive the line and calculate the convertible bound value.B$)$ Calculate the present value of the bonds.C$)$ Calculate the fair value of issuance day.D$)$ Register the journal entries of the transactions.E$)6\%$ versus $9\%$ carrying amount of bound.