Question 5: 8 marks a) You purchase a convertible corporate bond with $1500 par that can be converted into 185 shares of stock. The stock is currently priced at $7.00. Determine the percentage increase in the stock price that makes conversion process valuable for you? (4 marks) b)Is the following statement true or false, please justify your answer? The Callable bond is a bond that can be called/redeemed by bond issuer at any time when interest rate level in the market increases" (4 marks)