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

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You purchase a convertble at \$85. It has an investment value of $80 and a conversion valve of $60. Assuming the credt risk does not change, what is the value of the convertible if the stock price declines 75% ? 560 $85 $90 $15 QUESTION 30 You purchase a convertble at 3105 . It has an investment value of 305 and a converiion valie of 300 . Astuming the credi rick does not change, what it the value of the cornert ble if the slock price incieases 200% ? 3270 $105 $65 3100 QUESTION 31 A cormpary has an unievered beta of 0.5, a tax rate of 40%, and a cote to equty rato of 2 to 1 . Acoordrg to the Hamasa equaton, what is ts beta? 0,75 0.5 22

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