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asap pls i have 20 min Kensington Inc has a corvertible bond outstanding, trading in the marketplace at $920. The par value is $1000, the

asap pls i have 20 min
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Kensington Inc has a corvertible bond outstanding, trading in the marketplace at $920. The par value is $1000, the coupon rate is 8 percent, and the bond matures in 20 years. The conversion price is $25, and the company's common stock is selling for $20 per share. Interest is paid semiannually. a. What is the conversion value? (Omit s sign in your response.) Conversion value $ b. If similar bonds, which are not convertible, are currently yielding to percent, what is the pure bond value of this convertible bond? (Use semianntal analysis) (Do not round intermediate calculations. Round "PV Foctor' to 3 decimal ploces. Round the final answer to 2 decimal ploces. Omit $ sign in your response.) Bond value $ c. What is the conversion premium? (0mit5 sign in your response.) Conversion prenium s

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