1. Your firm is issuing $105million in straight bonds at par with a coupon rate of 6.5% and paying total fees of 2.9%. What is the net amount of funds that the dept issue will provide for your firm? Total proceeds from the issuance are $?

2. You own a bond with a face value of $1,000 and conversation ratio of 450. What is the conversion price? The conversion price for this bond is $?

3. A $1000 face value convertible bond has a conversion ratio of 40 and is about to mature. Ignoring any transaction costs, what price must the stock surpass in order for you to convert. The required price per share will be $?