11. Casabalance Inc. issued OMR 120,000 10-year 9 per cent coupon bonds with a par value of OMR 100. Each bond is convertible into 50 shares of the company shares, which are currently trading at OMR 1.65. a. b. What is the conversion price? (1 Mark) What is the conversion premium? (1 Mark) What is the conversion value of the bond? (1 Mark) C. 12. There are different investments opportunities available to Mr. Khizar. He wants to make a decision after looking at the future outlook of the investments. The risk-free rate of return is 7.7 per cent and the annual premium received on shares over Treasury bills has been 6.5 per cent. Mr. Khizar is considering the following investments. Project Beta Expected return (%) A 1.36 15 B 1.49 21 0.77 15.5 D 0.97 11 Which investments Mr. Khizar should invest? Assume CAPM holds