A(n) 9% Convertible bond carries a par value of $1,000 and a conversion ratio of 22. Assume that an investor has $5,000 to invest and that the convertible sells at a price of $1,000 (which includes a 26% conversion Premium). How much Total Income (coupon plus capital gains) will this investment offer if, over the course of the next 12 months, the price of the stock moves to $61.42 per share and the convertible trades at a price that includes a conversion premium of 11%? What is the holding period return on this investment? Finally, given the information in the problem, determine what the underlying common stock is currently selling for.

-The total income (coupon plus capital gains) this investment will offer is $ .(Round to the nearest cent.)

-The holding period return on this investment is %. (Round to two decimal places.)

-The price that the underlying common stock currently selling for is $. (Round to the nearest cent.)