A(n) 99% convertible bond carries a par value of $1,000 and a conversion ratio of 21. 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 $87.58 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.