Target wants to sell some 25-year, $1,000 par value bonds with coupon interest paid annually. Each bond has 45 warrants attached to it. The yield of the firm's bonds with no warrants is 16%. The market value of each warrant is $3.00. If Target wants to sell the bonds with warrant at par, what should be the annual coupon rate? 12.68% 11.72% 13.79% 14.88% 15.17% No enough information What is the bond's conversion ratio? What is the bond's conversion value? What is the bond's straight-debt value