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QUESTION 19 Angelo Company wants to sell some 20-you, an uw internet $1,000 per value bord Ench bond has 75 warrantched to it. The firm'bonday
QUESTION 19 Angelo Company wants to sell some 20-you, an uw internet $1,000 per value bord Ench bond has 75 warrantched to it. The firm'bonday 10. warrant is expected to have a market value of $2.00. What coupon interest rate must the corrpary set on the bonds in order to wilt border O 6.9816 O 7.83296 O 8.24096 O 9.65096 10.08496 O 11.798% QUESTION 20 Spe There is a 10-year convertible bond. It is a par bond with face value of $1,000. The annual coupon rate is 8% and each bond can be converted to 20 common stock. The yield of a similar non-convertible bond is 10%. The stock price is $40.00 with a constant dividend growth rate of 5.00%. Calculate the floor price of this convertible bond at the end of Year 3. This is an annual bond. O $794.01 $835.81 $898.65 $879.80 $926.10 Save All Answer Click Save and Submit to save and submit. Click Save All Answers to save all answers
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