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Please Complete the Following: To receive full credit you must show your work to include formula. How many Shares can the Company issue? 1. Convertible

Please Complete the Following: To receive full credit you must show your work to include formula.

How many Shares can the Company issue?

1. Convertible Bonds Par Value = $2698; Conversion Price, Pc = $17

2. Convertible Bonds Par Value = $1,056,256.120; Conversion Price, Pc = $11.32

Using the information above what would be the value of the bond in conversion

Stock Price $32.75

Stock Price $69.33

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