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please explain this in excel with formulas given Copy Paste B T U- Ini Format G10 4 x fc B 1 Use the following information
please explain this in excel with formulas given
Copy Paste B T U- Ini Format G10 4 x fc B 1 Use the following information for Convertible L 2 Face Value 3 Coupon Rate 4 Market price of a convertible bond 5 Conversion ratio 6 Estimated value of a straight bond 7 Price of the common stock & Dividend per share $1,000 9.50% $1,100 35 $850.00 $28.00 $0.75 9 10 17 d 22 a 11 A) The conversion value of a Convertible Bond L is closed to: 12 13 Group of answer choices 14 a $850 15 b $980 16 C $1,000 1,100 18 19 B) Market Conversion price of a Convertible Bond Lis closed to: 20 21 Group of answer choices 24.29 23 b 28 24 C 28.57 25 d 31.43 26 27 C) Market Conversion price of a Convertible Bond Lis closed to: 28 29 Group of answer choices 30 a 24.29 31 b 28 32 C 28.57 33 d 31.43 34 35 Step by Step Solution
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