can you give me the workings and answers for question 1 2 and 3

NUMERICAL QUESTION: Suppose that an investor is considering the purchase of a stock or a convertible bond of COMPANYS. The stock of the company can be purchased at 20. The following information is for the convertible bond. The bond has a face value of Cl,000, an annual coupon rate of 4% (coupons are paid every six months) and a maturity of 3 years. Similar bonds are selling to yield 12% annually. The current market price of the convertible bond is 6920 . The ratio is 45 . 1. What is the straight value of that bond? (40 marks) 2. What is the minimum value of the convertible bond? (20 marks) 3. Assume that the investor decided to purchase the convertible bond and that 2 months later, the price of the stock fell to 16. What is the return to the investor from having bought the convertible bond? (40 marks) Remember to input your answer without the % sign. For instance, an answer equal to 1.52% should be entered as 1.52