A convertible bond has $1,000 par, pays 4.8% annual coupon, matures in 3 years, and is convertibl from now through maturity. Conversion ratio is 25 . The convertible bond is trading at $1,102.48 today. What is the premium over straight value of this convertible bond? Assume the yield on a comparable non-convertible bond is 3%, and annual compounding. Round your answer to 4 decimal places. For example if your answer is 3.205%, then please write down 0.0321