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Could you help me solve the two? in rush , thanks a lot A $1,000 face value bond has a conversion ratio of 42. You
Could you help me solve the two? in rush , thanks a lot
A $1,000 face value bond has a conversion ratio of 42. You estimate the transaction costs of ccnverskm to be 3.5% of the face value of the bond. What price must the stock reach in order for you to convert? The required price per share will be 5- (Round to the nearest cent.) Boeing Corporation has just issued a callable (at par) three-year. 4.6% ooupon bond with semi-annual ooupon payments. The bond can be called at par in two years or anytime thereafter on a coupon payment date. It has a price of $98.92. a. What is the bonds yield to maturity? b. What is its yield to calf? c. What is its yield to worst'? a. What is the band's yield to maturity? The band's yield to maturity is 4.99 %. (Round to two decimal plaoes.) b. What is its yield to call? The yield to call is 5.18 9%. (Round totwo decimal places.) c. What is its yield to worst'? The yield to worst is 4.99 %. {Round to Me decimal places.)Step by Step Solution
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