Present Value of $1,PVIFPV=FV[(1+i)n1]=FV(1+i)t PVFAAPVA=A[i1(1+i)x1]=A[i1(1+i)a] Standard Olive Company of British Columbia has a convertible bond outstanding with a coupon rate of 10 percent payable semiannually, and a maturity date of 20 years. The bond maturity value is $1,000. It is rated A, and competitive nonconvertible bonds of the same risk class carry a 10 percent return. The conversion ratio is 20 . Currently, the common stock is selling for $30 per share on the Venture Exchange. a. What is the conversion price? (Round the final answer to 2 decimal places.) Conversion price $ b. What is the conversion value? Conversion value $ c. Calculate the pure bond value. (Use semiannual analysis.) Use and (Round "PV Factor" to 3 decimal places. Round the final answer to 2 decimal places.) Bond value $ d. This part of the question is not part of your Connect assignment. e. Calculate the share price at the crossover point (when the pure bond value equals conversion value). (Round the intermediate values to 2 decimal places. Round the final answer to 2 decimal places.) Share price at crossover point $