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stock (which pays 57 a share in annual dividends) is currently priced in the market at $33.55 a share. a. What is the bond's conversion

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stock (which pays 57 a share in annual dividends) is currently priced in the market at $33.55 a share. a. What is the bond's conversion price? b. What is its conversion ratio? c. What is the conversion value of this issue? What is its conversion parity? d. What is the conversion premium, in dollars and as a percentage? e. What is the bond's payback period? f. If comparably rated, nonconvertible bonds sell to yield 8%, what is the investment value of the convertible

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