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Answer for upvote A $1000 pac value bond with an annual coupon rate of 5 S. and callsble of 51050 , can be converfed into

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A $1000 pac value bond with an annual coupon rate of 5 S. and callsble of 51050 , can be converfed into 17 theres of common stock. Currenty, the common stock sella for 557 and the bond yells for 51020 . How much will thes bond be worth upon converision? Mutivile Chicke \$509 sin0 rioro. 31002 3950

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