Home Depot has a convertible bond issue with a coupon of $3\mathrm{.}25$ percent and a face value of $$1\mathrm{.}1$ billion that it issued in October $2016.$ In October $2018,$ following facts applied:

Bonds were to mature in October $2021$

Each bond had a face value of $$1,000$ and was convertible into $21\mathrm{.}70$ shares per bond until October $2021$

Company was rated A$-.$ Straight bonds of similar rating and similar maturity were yielding $5\mathrm{.}80$ percent

Convertible bonds were trading at $$1,255$ per bond in October $2018.$

Separate the two $($bond and equity$)$ components of convertible bonds.