1) You hold a convertible bond that allows you to exchange it with 30 shares of stock ABC starting with the 3rd year of bond issuance. The table below shows market prices of bond and stock. Indicate whether you plan to excercise the conversion option and switch out of the bond and into the stock in each case. Month Market Stock Price Market Bond Price Convert? (Yes or No) Calculate Parity Price Stock 1 33 999 2 36 1010 3 35 1001 4 28 960 5 25 950 1) You hold a convertible bond that allows you to exchange it with 30 shares of stock ABC starting with the 3rd year of bond issuance. The table below shows market prices of bond and stock. Indicate whether you plan to excercise the conversion option and switch out of the bond and into the stock in each case. Month Market Stock Price Market Bond Price Convert? (Yes or No) Calculate Parity Price Stock 1 33 999 2 36 1010 3 35 1001 4 28 960 5 25 950