The Olsen Mining Company has been very successful in the last five years. Its $1,000 par value convertible bonds have a conversion ratio of 30. The bonds have a quoted interest rate of 4 percent a year. The firms common stock is currently selling for $39.80 per share. The current bond price has a conversion premium of $10 over the conversion value. What is the current price of the bond? Note: Do not round intermediate calculations and round your final answer to 2 decimal places. What is the current yield on the bond (annual interest divided by the bonds market price)? Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places. If the common stock price goes down to $27.60 and the conversion premium goes up to $100, what will be the new current yield on the bond? Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places