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Hybrid Securties: How to find the equity and debt components of a convertible bond? How do I find the equity and debt components given the

Hybrid Securties: How to find the equity and debt components of a convertible bond?

How do I find the equity and debt components given the info below?

At the end of 2018, S&S had an 8.25% convertible bond, coming due in the year 2026, which was trading at $1400. It also had straight bonds, with the same maturity, trading in December 2018 at a yield of 8.4%. Find the debt and equity components of the convertible bonds

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