I need help with the letters A thru F

Fifteen years ago, Roop Industries sold $400 million of convertible bonds. The bonds had a 40-year maturity, a 5.75% coupon rate, and paid interest annually. They were sold at their $1,000 par value. The conversion price was set at $62.10, and the common stock price was $54 per share. The bonds were subordinated debentures and were given an A rating; straight nonconvertible debentures of the same quality ylelded about 8.45% at the time Roop's bonds were issued. 2. Calculate the premium on the bands - that is, the percentage excess of the conversion price over the stock price at the time of issue. Do not round Intermediate calculations. Round your answer to two decimal places b. What is Roop's annual before-tax interest savings on the convertible issue versus a straight-debt issue? Do not round Intermediate calculations. Enter your answer in millions. For example, an answer of $25,500,000 should be entered as 25.5. Round your answer to two decimal places million per year At the time the bonds were issued, what was the value per band of the conversion feature? Do not round Intermediate calculations. Round your answer to the nearest cent. per bond d. Suppose the price of Roop's common stock fell from $54 on the day the bonds were issued to $30.75. now, 15 years after the issue date (also assume the stock price never exceeded $62.10). Assume interest rates remained constant. What is the current price of the straight-bond portion of the convertible bond? Do not found intermediate calculations. Round your answer to the nearest cent. Enter all amounts as a positive number. $ $ What is the current value it a bondholder converts a bond? Do not round Intermediate calculations. Round your answer to the nearest cent. $ per share Do you think it is likely that the bonds will be converted? e. The bonds originally sold for $1,000. If interest rates on A-rated bonds had remained constant at 8.45% and if the stock price had fallen to $30.75, then What do you think would have happened to the price of the convertible bonds (Assume no change in the standard deviation of stock returns.) Round your answers to the nearest cant Enteral amounts as a positive number The value of straight bond would have increased from at the time of issue to nifteen years later Now support that the price of Roop's common stock had fan from $54 on the day the bonds were issued to $30.75 at present, 15 years after the issue Suppose to that the interest rate on similar straight debt had fallen from 8.45% to 5. Under these condtions, what is the current price of the right Dond pomon of the convertible bood! Do not found intermediate actions. Round your answer to the rest on Enter amount as a Dostlive d. Suppose the price of Roop's common stock fell from $54 on the day the bonds were issued to $30.75 now, 15 years after the issue date (also assume the stock price never exceeded $62.10). Assume interest rates remained constant. What is the current price of the straight-bond portion of the convertible bond? Do not rochd Intermediate calculations. Round your answer to the nearest cent. Enter all amounts as a positive number What is the current value if a bondholder converts a bond? Do not round Intermediate calculations. Round your answer to the nearest cent, per share Do you think it is likely that the bonds will be converted? Ne o. The bonds originally sold for $1,000. If interest rates on A-rated bonds had remained constant at 8.45% and if the stock price had faller to $30.75, then what do you think would have happened to the price of the convertible bonds? (Assume no change in the standard deviation of stock returns.) Round your answers to the nearest cont. Enter all amounts as a positive number. The value of straight bond would have increased from at the time of issue to s nifteen years later Now suppose that the price of Roop's common stock had roles from $S4 on the day the bonds were issued to $30.75 at present, 15 years after the issue Suppose also that the interest rate on similar straight debt had fallen from 8.45% to 5.75%. Under these conditions, what is the current price of the straight bond portion of the convertible bond? Do not round intermediate calculations, Round your answer to the nearest dollar. Enter all amounts as a positive number $ per bond What is the current value if a bondholder converts a bond? Do not round intermediate calculations, Hound your answer to the nearest cant 5 per share What do you think would have happened to the price of the bonds? The price of the bonds will be slightly more than $1,000 Hide Hedback Partially Correct