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Wilder Home Products, Incorporated, recently issued $ 3 . 1 million worth of 7 percent convertible debentures. Each convertible bond has a face value of
Wilder Home Products, Incorporated, recently issued $ million worth of percent convertible debentures. Each convertible bond has a face value of $ Each convertible bond can be converted into shares of common stock anytime before maturity. The stock price is $ and the market value of each bond is $
a
What is the conversion ratio? Do not round intermediate calculations and round your answer to decimal places, eg
b What is the conversion price? Do not round intermediate calculations and round your answer to decimal places, eg
c What is the conversion premium? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
d What is the conversion value? Do not round intermediate calculations and round your answer to decimal places, eg
e If the stock price increases by $ what is the new conversion value? Do not round intermediate calculations and round your answer to decimal places, eg
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