A convertible bond was purchased at a market price of $800. The bondis convertible into 40 common shares of stock. The stock is currently trading at $45. a. Calculate the conversion ratio and the value of common stock shares upon converting, b. After solving for the value Iof the convertible bond upon conversion will you decide to keep the bond or proceed with the full conversion? And why? 2. A convertible bond was purchased at a market price of $1,050. The bond is convertible into 25 common shares of stock. The stock is currently trading at $34. a. Calculate the conversion ratio and the value of common stock shares upon converting. b. After solving for the value of the convertible bond upon conversion will you decide to keep the bond or proceed with the full conversion? And why? 3. A Treasury Bond currently selling for $750 pays $75 semi-annually. a. Calculate the coupon rate