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Question 20 of 20 The common stock of Bike Tours, Inc. pays no dividend, and has a market price of $80.ke Tours 8% convertible bond

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Question 20 of 20 The common stock of Bike Tours, Inc. pays no dividend, and has a market price of $80.ke Tours 8% convertible bond sells at 128 6. $1,280), and is convertible into common at a stock of $100 per share. The conversion value of Bike Tours' convertible bond is GA11.280 OB 11.024 C. 51.000 01100

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