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You purchase a convertble at $85. It has an investment value of $80 and a conversion value of $60. Assuming the credit risk does not

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You purchase a convertble at $85. It has an investment value of $80 and a conversion value of $60. Assuming the credit risk does not change, what is the value of the convertible if the stock price declines 75 y? 560 $85 $80 $15 QUESTION 30 You purchase a convertible at $105. It has an investment value of $65 and a corversion value of $90. Assuming the credit risk does not change. what is the value of the convertible if the stock price increases 200% ? $270 $105 565 $180

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