Additional Problem 10-3 You have purchased a convertible bond for $1,080.64. It is convertible into 26 shares of the firm's common stock. The current stock price is $14.40 per share. a. What is the market conversion value of the bond? (Round your answer to 2 decimal places.) Market conversion value b. What is the conversion premium? (Round your answer to 2 decimal places.) Conversion premium c.Will you choose to convert the stock now? (Click to select)