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You are considering investing $850 in Higgs B Technology Inc You can buy common stock at $24.29 per share, this stock pays no divutends You

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You are considering investing $850 in Higgs B Technology Inc You can buy common stock at $24.29 per share, this stock pays no divutends You can also buy a convertible bond (\$1,000 par value) that is currently trading at $850 and has a conversion rato of 30 it pays $50 per year in itierest If you expect the price of the stock to rise to $32.32 per share in one year, which instrument should you puichase

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