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I need the answers to the blue colored cells. Can you please show me how you would calculate the answers using excel, Thank you so
I need the answers to the blue colored cells.
Can you please show me how you would calculate the answers using excel, Thank you so much! Please answer all parts.
Conversion price. Calculate the conversion price for each of the following convertible bonds: a. A $1,000-par-value bond that is convertible into 40 shares of common stock. b. A $1,000-par-value bond that is convertible into 25 shares of common stock. c. A $1,000-par-value bond that is convertible into 125 shares of common stock. Solution a. A $1,000-par-value bond that is convertible into 20 shares of common stock. 1,000 Par value Number of shares Conversion price (per share) 40 b. A $500-par-value bond that is convertible into 25 shares of common stock. 1,000 Par value Number of shares Conversion price (per share) c. A $1,000-par-value bond that is convertible into 50 shares of common stock. Par value Number of shares Conversion price (per share) 1,000 125Step by Step Solution
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