321/2022 amg (1212 (2) Final a. What is the conversion value? $944 44 Round your answer to the nearest cere Convertible bond. Jupiter Tech has a convertible bond outstanding, trading in the marketplace at $835. The par value is $1,000, the coupon rate is 8 percent, and the bond matures in 5 years. The conversion price is 54, and the company's common stock is selling for 51 per share. Interest is paid semiannually. Assume interest rates in the market (yield to maturity) are 6 percent. b. What is the pure bond component of this convertible bond? $ Number Round your answer to the nearest cent Submit Assignment Help Vansham Vanham Close Quit & Save Reming Time 001700 Back Question Menu Next