Toys, Inc. is a toy store which has issued convertible bonds. The bonds have a face value of $1,000 and are convertible at 535.00 per share. Current price of the bond is $945 and pays coupon at a rate of 6. The current stock price is $40.00. What is the conversion ratio and conversion value for the bond! A Conversion ratio 25. Conversion Value 1000 B. Conversion ratio - 28.57. Conversion Value 1142.8 Conversion ratio 28.57. Conversion Value 1000 D. Conversion ratio-25, Conversion Value 11428