Check my work Plunkett Gym Equipment Inc. has a $1,000 par value convertible bond outstanding that can be converted into 25 shares of common stock. The common stock is currently selling for $34.75 a share, and the convertible bond is selling for $960. a. What is the conversion value of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places.) Conversion value t nces b. What is the conversion premium? (Do not round intermediate calculations and round your answer to 2 decimal places.) Conversion premium C. What is the conversion price? (Do not round intermediate calculations and round your answer to 2 decimal places.) Prev 8 of 9 Next > HaarttoIE 222 PM 0/14/20 b. What is the conversion premium? (Do not round intermediate calculations and round your answer to 2 decimal places.) Conversion premium es c. What is the conversion price? (Do not round intermediate calculations and round your answer to 2 decimal places.) Conversion price Prev 8 of 9 Next> athiisna