Harry Corp has just issued a new hybrid security, called a H-Bond, on the following terms ... Issuer Harry Corp Maturity 2 years Par Value $ 110 Coupon nil Convertible The investor may choose to swap the bond for two Harry Corp shares at the end of the first year Callable The issuer may choose to swap the bond for five Harry Corp shares at the end of the first year The current price of Harry Corp shares is $30 and the current yield on Harry Corp's existing debt is 10% per annum. Harry Corp has a cost of equity of 15% per annum, pays no dividends and interest rates are expected to remain constant for the next few years. The prices of several one year, European options on Harry Corp shares is set out in the following table ... Strike Underlying Call Put $ 20 1 Harry Corp share $ 11.95 $ 0.14 $ 22 1 Harry Corp share $ 10.30 $ 0.30 $ 30 1 Harry Corp share $ 4.95 $ 2.22 $ 50 1 Harry Corp share $ 0.42 $ 15.87 $ 55 1 Harry Corp share $ 0.21 $ 20.21 $ 100 1 Harry Corp share $ 0.01 $ 60.91 What is the current value of one H-Bond