Xacto Knives Co. sold 16-year, zero coupon convertible bonds for the price of $465. That was 5 years ago. Now the bond price is $590.71. If the conversion price is $450, what is the bond's conversion value? Should bond owners convert or not? $ 583.40; do not convert the bond $ 583.40; convert the bond $ 590.71; do not convert the bond $ 611.11; convert the bond $ 611.11; do not convert the bond