5?. A convertible bond pays interest annually,r at a coupon rate of 5% on a par value of $1,000. The bond has 10 years maturity remaining and the discount rate on otherwise identical non-convertible debt is 6.5%. The bond is convertible into shares of common stock at a conversion price of $25 per share (i.e. the bond is exchangeable for 40 shares). Today's closing stock price was $20. What is the oor value of this bond? A. $300 .00 B. $392.17 C. $1,250 D. None of the above