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Check my An 11-year maturity convertible bond with a face value of $1,000 and a coupon rate of 7% on a company with a bond
Check my An 11-year maturity convertible bond with a face value of $1,000 and a coupon rate of 7% on a company with a bond rating of Aaa is selling for $1190. The bond pays interest annually. Each bond can be exchanged for 20 shares, and the stock price currently is $50 per share. Other Aaa-rate call option? (Do not round intermediate calculations. Round your answer to 2 decimal places.) d bonds with the same maturity would sell at a yield to maturity of 9%, what is the value of the bondholders. Value of call option
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