stion 15 points 1 in June 2021, DMRR Bahrain, a car watch manufacturer issued 1.2 billion in convertible bonds. The bonds have a 1.25 percent coupon rate, mature in 2025 and can be converted into DMRR common stock at a conversion price of 5359 87 Each bood has a face value of $1,000 and When DMRR issued its convertible bonds, its commaa stock was trading at $252 54 per share Answer the following questions and show your working clearly What is the conversion price? (1 mark) What is the amount of conversion premium? (1 mark) How much the owner will receive of DMRR share in case of conversion (m) Whether the DMRR bood was in the money or out of money Explain your wet marks)