Question
Face value : 1000 $ Coupon rate : 10% (paid semi-annually) Yield : 9% (compound semi-annually) Maturity: 10 years Conversion ratio : 30 Price of
Face value : 1000 $
Coupon rate : 10% (paid semi-annually)
Yield : 9% (compound semi-annually)
Maturity: 10 years
Conversion ratio : 30
Price of shares : 41 $
Price of the bond ?
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
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