The current market price of a bond is $105 per $100 nominal value. The coupon rate on the debt is 6% and the debt and can redeemed at par in 3 years' time. Alternatively the debt can be converted into 10 shares per $100 bond. The current market price of the share is $7.50 and the share price is expected to increase 8% per annum. What is the redemption value of the bond? A. $105.00 B. $125.97 C. $94.48 D. $100.00