Question 9 (1 point) A 5.25% ABC bond is convertible into 50 shares of common stock for each $1,000 of face value. Which of the following statements about the ABC convertible is true? a) If the common stock is currently trading at $20 a share, the ABC convertible is selling below its conversion value. Ob) If the common stock is trading at $20 a share, the premium on the ABC convertible will equal $52.50. c) If the common stock is currently trading at $22 a share, the ABC convertible bond will rise to a price of at least $110. d) If the common stock is trading at $25 a share, the ABC convertible acts like a straight debenture A Canadian-based company issues a Hong Kong dollar-denominated bond in the Hong Kong market. How would this bond issue be classified? O a) As a foreign bond. Ob) As a Hong Kong-Canadian bond. OC) As an international bond. d) As a Eurobond