You are the CFO of a company on July 1, 2008. The company's stock price is $9.48 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? :: Click the icon to view the table of convertible debt. a. The value the bondholders would receive if they convert is $ (Round to the nearest cont.) b. The value they would receive under the call is $ . (Round to the nearest cent.) c. Bondholders convert into shares if you call the bonds, as the value of converting is the value received under the call. 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% 107.1440 shares per $1000 principal amount July 1, 2008 100% July 1, 2010 You are the CFO of a company on July 1, 2008. The company's stock price is $9.48 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? 38 Click the icon to view the table of convertible debt. a. The value the bondho Convertible Subordinated Notes b. The value they would c. Bondholders $100 million $97.0 million 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 107.1440 shares per $1000 principal amount July 1, 2008 100% July 1, 2010 Enter your answer in e Print Done