Reading Railroad's common stock in currently priced at $30, and its 8 percent convertible debentures (issued at par or $1.000) are priced at $850. Each debenture can be converted into 25 shares of common stock at any time before 2042 (i. e., the maturity of the debentures is 25 years). a. What is the conversion price, P_c. and the conversion value, CV_0, of the bond? b. Suppose Reading plans the bonds once value hits $1, 150. If the stock follows the constant growth model with a growth rate of 3% when will they be called