Question
someone help me pls ill copy paste your answer badly needed tia If price of the common stock into which the bond is convertible rises
someone help me pls ill copy paste your answer badly needed tia
If price of the common stock into which the bond is convertible rises to P30/share after 5 years and the issuer calls the bond at P1080,should Annie let the bond be called away from her or should she convert it into common stock?
Repeat the calculations in letter b, assuming interest is paid semi-annually and that the semi-annual required return are of those shown. Compare and discuss difference between the bond values for each required return calculated here and in part b under the annual vs. semi-annual payment assumptions.
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