You have invested in a $1,000 par, 15-year semiannual coupon convertible bond with a coupon rate of 8% and a conversion ratio of 25 that was issued by a company five years ago. (9 pts) What is the conversion value of your investment if the current market price of the company's common stock is $25 per share? If the current required yield to maturity on similar nonconvertible bonds is 9%, calculate the straight bond value of this bond. Should you convert (yes or no)? You have invested in a $1,000 par, 15-year semiannual coupon convertible bond with a coupon rate of 8% and a conversion ratio of 25 that was issued by a company five years ago. (9 pts) What is the conversion value of your investment if the current market price of the company's common stock is $25 per share? If the current required yield to maturity on similar nonconvertible bonds is 9%, calculate the straight bond value of this bond. Should you convert (yes or no)