Please answer f, g and h.

Maple Aircraft has issued a convertible subordinated debenture at 6.00% interest due 2020. The conversion price is $52.00 and the debenture is callable at 104.00% of face value. The market price of the convertible is 92.25% of face value, and the price of the common is $46.50. Assume that the value of the bond in the absence of a conversion feature is about 66.25% of face value. Assume a face value of $1,000.

a. What is the conversion ratio of the debenture? (Round your answer to 2 decimal places.)

b. If the conversion ratio were 51.25, what would be the conversion price? (Round your answer to 2 decimal places.)

For the remaining questions, assume the conversion price is $52.00 as stated in the original problem.

c. What is the conversion value as a percent of face value? (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.)

d. At what stock price is the conversion value equal to the bond value? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

e. Can the market price be less than the conversion value? (Y/N)

f. How much is the convertible holder paying for the option to buy one share of common stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

g. By how much does the common have to rise by 2020 to justify conversion? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

h. When should Maple call the debenture? (Enter your answer as a percent rounded to 2 decimal places.)

When the price of the bond reaches _______% of face value

Please answer f, g and h.