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Thanks in advance. Drop down is as follows. 1. In the money or Out the money 2. Viable or Unviable and Bildon stock trades at
Thanks in advance. Drop down is as follows.
1. In the money or Out the money
2. Viable or Unviable
and Bildon stock trades at $12.150 a share. a. Calculate the current conversion value for the bond. Do not round intermediate calculations. Round your answer to the nearest cent. $ Is the conversion option embedded in this bond in the money or out of the money? The conversion option embedded is this bond is $ interpreted? Do not round intermediate calculations. Round your answer to two decimal places. The payback period would be years. This is as the bond matures in 7 years. d. Calculate the convertible's current yield to maturity. Do not round intermediate calculations. Round your answer to two decimal places. % bond. Do not round intermediate calculations. Round your answer to the nearest cent. $Step by Step Solution
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