{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T14:01:08-04:00", "answer_date": "2024-05-26 14:01:08", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1742466", "url": "\/study-help\/questions\/question-5-1-point-assume-that-almond-milk-company-has-1742466", "question_creation_date_js": "2024-05-26T14:01:08-04:00", "question_creation_date": "May 26, 2024 02:01 PM", "meta_title": "[Solved] Question 5 (1 point) Assume that Almond M | SolutionInn", "meta_description": "Answer of - Question 5 (1 point) Assume that Almond Milk Company has a $1,000 face value bond with a stated coupon rate of 8.87 pe | SolutionInn", "meta_keywords": "question,5,1,point,assume,almond,milk,company,$1,000,face,value,bond", "question_title_h1": " Question 5 (1 point) Assume that Almond Milk Company has a $1,000 face value bond with a stated coupon rate of 8.87 percent that", "question_title": " Question 5 (1 point) Assume that Almond Milk Company has a", "question_title_for_js_snippet": "Question 5 (1 point) Assume that Almond Milk Company has a $1,000 face value bond with a stated coupon rate of 8 87 percent that is convertible into its common stock at $35 30 The bond is selling at $1,029 42 in the market The common stock is selling for $33 12 and pays a dividend of 0 65 per share Calculate the payback premium period Please calculate the final answer to two decimal places Your Answer Answer", "question_description": "\"image", "transcribed_text": "Question 5 (1 point) Assume that Almond Milk Company has a $1,000 face value bond with a stated coupon rate of 8.87 percent that is convertible into its common stock at $35.30. The bond is selling at $1,029.42 in the market. The common stock is selling for $33.12 and pays a dividend of 0.65 per share. Calculate the payback premium period. Please calculate the final answer to two decimal places. Your Answer: Answer", "related_book": { "title": "Corporate Financial Accounting", "isbn": "1305041399, 1285078586, 978-1-133-9524, 9781133952428, 978-1305041394, 9781285078588, 1-133-95241-0, 978-1133952411", "edition": "12th edition", "authors": "Carl S. Warren, James M. Reeve, Jonathan E. Duchac", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/278.jpg", "uri": "\/textbooks\/corporate-financial-accounting-12th-edition-278", "see_more_uri": "" }, "free_related_book": { "isbn": "1685796451", "uri": "\/textbooks\/mushoku-tensei-jobless-reincarnation-vol-23-978-1685796457-114498", "name": "Mushoku Tensei Jobless Reincarnation Vol 23", "edition": "" }, "question_posted": "2024-05-26 14:01:08", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/a-gaseous-hydrocarbon-containing-c-and-h-atoms-in-a", "description": "A gaseous hydrocarbon (containing C and H atoms) in a container of volume 20.2 L at 350 K and 6.63 atm reacts with an excess of oxygen to form 205.1 g of CO2 and 168.0 g of H2 O. 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