Timbodo Airlines common stock currently sells for $34 and its stock price is expected to grow at 5% per year. Its 9-year convertible bond with 9.5% annual coupon rate paid semi-annually has a yield to maturity of 11%. Each bond can be converted into 25 shares of common stock at any time before six years from now. Using calculations, show whether bondholders of this convertible bond more likely to convert the bond into common stock today or not? $1,000 par value