10.00 points The following facts apply to a convertible bond making semiannual payments $ 42/share 5.4% Conversion price Coupon rate Par value Yield on nonconvertible debentures of same quality Maturity Market price of stock 1,000 6% 30 years $ 41/share What is the minimum price at which the convertible should sel? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Minimum price References eBook & Resources Learning Objective: 24-06 The basics of convertible bonds and warrants and how to value them Worksheet Difficulty: Basic Section: 24.7 Options and Corporate Securities MacBook Air esc 20 FS