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Brooks Inc.'s callable bonds are currently selling for $1,300. They pay a coupon rate of 10% annually, have 10 years to matunty, and a $1.000

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Brooks Inc.'s callable bonds are currently selling for $1,300. They pay a coupon rate of 10% annually, have 10 years to matunty, and a $1.000 par value. The earliest that the bonds can be called is 3 years from now for a call price of 51,200. What is the Yield to Cail? StormTech has 51,000 convertible bonds with a coupon rate of 10% paid annually, that has 10 years to maturity. The bond is convertible into 30 shares of StormTech The current interest rate on similar bonds without the convertible option is 7.3%. The current stock price of StormTech is $45 a What is the bond's straight-debt value? 5 What is StormTech bond's conversion value S

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