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5 - A firm issues the convertible debt shown below. The price of stock in this company on July 1, 2008 is S37.57. What is

5 - A firm issues the convertible debt shown below. The price of stock in this company on July 1, 2008 is S37.57. What is the minimum call price that would make a bondholder prefer to accept the call rather than convert? Coupon Conversion Ratio 286 shares per $10,000 principal amount all Dal Maturity: 0% July 1, 2008 July 1, 2015 Par plus 11.2% Par plus 7.5% Par plus 9.7% b. d. Par

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