New Wave Pool Corporation is authorized to issue common and $3 convertible preferred shares. Each preferred share is convertible into four common shares. On July 2, the company issued 100,000 preferred shares for $110 per share. The common shares were trading at $25.00 on September 7, $27.50 on September 19, and $29.00 on September 28. On which date or dates would the preferred shareholders consider converting their shares to common? Why? B 1 y Tz T? I Iml HU E E 99 TT O Word(s) e Textbook and Media Assume also that the preferred shares are redeemable at $115 per share at the option of the company. How, if at all, will this affect the preferred shareholders' decision to convert