Hannon Home Products Inc. recently issued $$2\mathrm{.}8$ million worth of $6$ percent convertible debentures. Each convertible bond has a face

value of $$1,000.$ Each convertible bond can be converted into $21\mathrm{.}3$ shares of common stock anytime before maturity. The stock price is

$$37\mathrm{.}95,$ and the market value of each bond is $$1,150.($Do not round intermediate calculations. Round the answers to $2$ decimal

places. Omit $ sign in your response.$)$

a$.$ What is the conversion ratio?

Conversion ratio

b$.$ What is the conversion price?

Conversion price

c$.$ What is the conversion premium?

Conversion premium

$\%$

d$.$ What is the conversion value?

Conversion value

e$.$ If the stock price increases by $$1,$ what is the new conversion value?

Conversion value