Question 38 Genus Corp, has outstanding comvertible bonds. Each bond can be corverted into 20 shares of Genus common sock which is currently selling for $52.90 a share, Genus has otherwise identical non-corvertible bonds that have 5 yearts remaining to maturity. a $1000 par value, and a 4% annual coupon rate. These bonds are priced to yield 4%. What is the minimum price of a sirgle Genus convertible bond