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For Rahwani pls calculate CR,Conversion value, conversion premium (%) Rahwani Berhad requires RM20,000,000 additional financing and has decided to issue 10-years convertible bonds that pays

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For Rahwani pls calculate CR,Conversion value, conversion premium (%)

Rahwani Berhad requires RM20,000,000 additional financing and has decided to issue 10-years convertible bonds that pays 8% coupon. The conversion price is RM50, while the current market price of the company's is RM45. Rahwani Berhad expects its operating profit to increase by 20% after financing with convertible bond. Current operating profit is At present , Rahwani Berhad does not have any other long-term debt financing. Tax rate is RM30 million. Currently, the company's common shares outstanding are 10 million units. 40%. Calculate

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