find the conversion value of a convertible preferred stock that carries a conversion ratio of 1.5, given that the market price of the underlying common stock is $47.02 a share. Would there be any conversion premium if the stock were selling at $98.94 a share? If so, how much (in dollar and percentage terms)?

The conversion value of the convertible preferred stock is $ (round to the nearest cent)

Would there be any conversion premium if the convertible preferred were selling at 98.94a share? yes or no

The conversion premium in dollars is $ (round to nearest cent)

The conversion premium as a percentage is % (round to two decimal places)

The conversion parity of this issues is $ (round to the nearest cent)