In December 2017, Applewood Corp. decided to issue 100,000 convertible bonds, maturing in December 2027. The bonds have a face value of $1,000 and promise an annual coupon payment of 5.75%. The conversion ratio of these bonds is 25.32, and it is known that Applewood Corp's common shares were trading at $34 in December 2017. These bonds are rated A-, and straight bonds from similar companies have a similar maturity yield of 9%. The current market price of these convertible bonds is $1,051. Calculate the conversion price, conversion value, straight bond value, floor value, and the option value (i.e. conversion premium) per convertible bond.