Foody Inc. needs to raise $22 million to expand its business internationally. It currently has 3 million shares outstanding which sells for $25 and has an expected growth rate of 6.5% annually. The investment banker suggests to raise the needed capital by selling 20-year convertible debentures at $1,000 par value. The coupon rate will be equal to 9.5% and each debenture could be converted into 20 shares of stock. The bonds would be noncallable for 10 years after which they would be callable at a price of $1,125. This call price would decline by $5 per year in year 11 and thereafter. Assume that bonds may be called or converted only at the end of a year. Also, assume that the management would call eligible bonds if the conversion value exceeds 18% of par value. At what year do you expect the bonds will forced into conversion with a call ?