Genthern Inc has a convertible bond issue outstanding. Each bon with a face value of $1,000 can be vonverted into common sharese at a rate of 42.25 shares of stoc per $1,000 face value bond (the conversion rate), or $19.85 per share. Gentherm's common stock is trading at $19.85 per share and the bonds are trading at $1,025. Calculate the converstion value of each bond? Determine if it is currently profitable for bond holder s to convert their bonds into shares of Gentherm common stock.