Cheung Zap Ine. just issued 9-year convertible bonds at a par value of $1,000. At any time before maturity, investors have the option to exchange their bonds for shares of Cheung's common stock at a conversion price of $53.76. Cheung's comvertible bonds pay a 6.72% annual coupon, but if Cheung had issued straight-debt bonds (no conversion), it would have had to pay 11,20 .4 annual interest. Eased on the information available, complete the following table. Chpung's common stock currently sells for 541 per share. Would an investor want to convert the bonds now? Yes Based on the information available, complete the following table. convert the bonds now? Based on the information available, complete the following table. Cheung's common stock currently sells for $41 per sh. want to convert the bonds now? Yes No Based on the information available, complete the following table. Cheung's common stock currently sells for $41 per shi want to convert the bonds nowi Yes No Suppose analysts expect Cheung to pay a dividend of $2.50 per share at the nd of the year and for the div per year. What is the expected conversion value five years from now? Cheung's common stock currently sells for 341 per share. Would an investor want to convert the bonds now? Yes No Suppose analysts expect Cheung to poy a dividend of $2.50 per share at the end of the year and for the dividend to grow at a constant rate of 4.5 th. per year. What is the expected conversion value five years from now? 32,746,60 per share $712.70 per share $950,27 per share $1,425,41 per share