6. Apple issued a 20-year callable bond (face value $1,000) a few years ago. It is callable in 2023 at par and has a coupon rate of 3.6%/year. When is Apple likely to call the bond? 7. You bought a convertible bond issued by Global Corp whch has a conversion ratio of 60 common shares for each $1,000 bond. a. At what stock price per share would you make a profit ("in the money") if you bought the bond at par? b. What would you expect the bond to sell for in the market if the stock trades at $21 per share