JTL, Inc. has 1,8M shares of stock outstanding at a market price of $26 per share. The firm also has 9,000 convertible bonds outstanding with a face value of 1,000 at a conversion price of $34. Jennifer owns 300 of these bonds what percentage ownership of JTL will Jennifer have if all of the outstanding bonds are converted. a. 0.28 b. 0.61 c. 0.43 d. 0.57