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Plunkett Gym Equipment Incorporated has a $1,000 par value convertible bond outstanding that can be converted into 20 shares of common stock. The common stock

Plunkett Gym Equipment Incorporated has a $1,000 par value convertible bond outstanding that can be converted into 20 shares of common stock. The common stock is currently selling for $33.30 a share, and the convertible bond is selling for $726.40. a. What is the conversion value of the bond? Note: Do not round intermediate colculations and round your answer to 2 decimal places. Conversion vilue b. What is the conversion premium? Note: Do not round intermediate calculations and round your answer to 2 decimal places. Conversion premium c. What is the conversion price? Note: Do not round intermediote colculations and round your answer to 2 decimal places. Conversion price

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