Question
A company issues convertible bonds with coupon rate of 5%. The par value is $1700, and the bonds mature in 10 years. The current stock
A company issues convertible bonds with coupon rate of 5%. The par value is $1700, and the bonds mature in 10 years. The current stock price of the company is $68, and the conversion price is $62. The yield of a straight-debt is 13% Please calculate the bond's conversion value?
-1575.69
-1692.17
-1864.52
-1974.19
-1998.47
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Crime And Punishment In The Future Internet
Authors: Sanja Milivojevic
1st Edition
036746800X, 978-0367468002
