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On 1/1/2020, Palestine Company issued convertible bonds with a nominal value of (1500) dinars for one bond with an interest of 8% maturing after 15

On 1/1/2020, Palestine Company issued convertible bonds with a nominal value of (1500) dinars for one bond with an interest of 8% maturing after 15 years, as the bonds included the condition of the bonds convertibility into ordinary shares of (5) shares. Required : Does the investor use his right to convert into ordinary shares if you know that the share price in the market is (350) dinars?
 

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