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XTR Corp. has 7-year from maturity convertible bonds with a $1,000 face value and a 5.5% coupon and a 2.50% yiel conversion ratio is 16

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XTR Corp. has 7-year from maturity convertible bonds with a $1,000 face value and a 5.5% coupon and a 2.50% yiel conversion ratio is 16 and must be converted by the end of trading in 2 days' time. The company's common equity shares are trading around $70. What is the conversion price? a 6250 5.100.00 C 125.00 Od 130.00 Not enough information is available 1 pts

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