You are the CFO of a company on July 1, 2008. The company's stock price is $9.70 and its convertible debt (shown in the accompanying table) is now callable. a. What is the value of the shares the bondholders would receive per $1000 bond if they convert? b. What is the value per $1000 bond they would receive under the call? c. If you call the bonds, will the bondholders convert into shares or accept the call price? i X Convertible Subordinated Notes Convertible Subordinated Notes Issued under U.S. SEC Rule 144A Aggregate principal amount Proceeds net of offering costs Coupon Conversion ratio Call date Call price Maturity $100 million $97.0 million 0% 107.5650 shares per $1000 principal amount July 1, 2008 100% July 1, 2010