that is convertible into common stock at $25 per share. C. A $600-par-val ue bond that is convertible into common stock at $30 per share. P17-10 Conversion (or stock) value What is the conversion (or stock) value of each of the a. A $1,000-par-value bond that is convertible into 25 shares of common stock. b. A $1,000-par-value bond that is convertible into 12.5 shares of common stock. c. A $1,000-par-value bond that is convertible into 100 shares of common stock llowing convertible bonds? The common stock is currently selling for $50 per share. The common stock is currently selling for $42 per share. The common stock is currently selling for $10.50 per share