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Snacks to Go has a 10-year, 4% semiannual coupon bond trading at a price of $1,085.84. It also has a 10-year, 1% semiannual coupon bond

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Snacks to Go has a 10-year, 4% semiannual coupon bond trading at a price of $1,085.84. It also has a 10-year, 1% semiannual coupon bond trading at 51.050 that is convertible into Snacks to Go stock at $25 per share. The stock is currently trading at $20 per share. What is the implied value of the conversion right? 522169 O $135.84 $171.68 $35.84 $164,16 $211.71

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