What has likely happened to the Teslas convertible bond price during the day (increase, decrease, or stay the same)?

Group of answer choices

Decrease

Remain the same

Increase

Use the following information on a convertible bond issue from for Problems 6 - 12. Issuer: Tesla, Inc. Issue Date: 15 March 2017 Maturity Date: 15 March 2022 Interest: 2.375% payable semi-annually Issue Size: $977,500,000 Issue Price: $1,000 Conversion Ratio: 3.0534 Convertible Bond Price on beginning of day, 18 March 2020: 148.62 (% of par) Share Price on 18 March 2020, market open: 389.00 Share Price on 18 March 2020, market close: 359.01 Use the following information on a convertible bond issue from for Problems 6 - 12. Issuer: Tesla, Inc. Issue Date: 15 March 2017 Maturity Date: 15 March 2022 Interest: 2.375% payable semi-annually Issue Size: $977,500,000 Issue Price: $1,000 Conversion Ratio: 3.0534 Convertible Bond Price on beginning of day, 18 March 2020: 148.62 (% of par) Share Price on 18 March 2020, market open: 389.00 Share Price on 18 March 2020, market close: 359.01