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Please show work in EXCEL. Thank you You buy a corporate bond with a face value of $100,000 that is convertible into 10,000 shares of
Please show work in EXCEL. Thank you
You buy a corporate bond with a face value of $100,000 that is convertible into 10,000 shares of Common Stock at any time by the holder It has an annual coupon rate of 10% and matures in 5 years Current yields are 12%, and the current stock price is $9.50 per share What is its highest worth today? What is its highest worth today? $95,000 $92,790 $103,625 $105,000Step by Step Solution
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