Case 7-37 (Algo) Analysis of long-term debt L07-7, 7-8 Assume that Home and Office City Incorporated provided the following comparative data concerning long-term debt in the notes to its 2023 annual report (amounts in millions): Required: a. As indicated, Home and Office City's 31/4\% Convertible Subordinated Notes were converted into shares of common stock in October 2023. How many shares of stock were issued in conversion of these notes? b. Regarding the 621% Senior Notes, Home and Office City Incorporated also disclosed that "The Company, at its option, may redeem all or any portion of the Senior Notes by notice to the holder. The Senior Notes are redeemable at a redemption price, plus accrued interest, equal to the greater of (1) 100% of the principal amount of the Senior Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest on the Senior Notes to maturity." Redeemable fixed-rate notes, such as those described here, are similar to callable term bonds. Thinking of the 6121% Senior Notes on this basis, would it have been possible for Home and Office City Incorporated to redeem ("call") these notes for an amount Complete this question by entering your answers in the tabs below. As indicated, Home and Office City's 31/4\% Convertible Subordinated Notes were converted into shares of common stock in October 2023. How many shares of stock were issued in conversion of these notes? Note: Enter your answer in millions rounded to 2 decimal places