You purchase a convertible at 585 . It has on 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 decines 75% ? 560 585 580 $15 QUESTION 30 You purchase a converttele at $105. It has an investment value of $65 and a corvertion value of $90. Assuming the credt risk does not change. What is the value of the convertible if the siock price increases 2005 ? $270 $105 565 5180 QUESTION 31 A compary has an unleveres beta of 05 , a tax rate of 40%, and a debt to equily ratio of 2 10 1. According ta the Hamada equalisn, What is its beta? 0.75 0.5 2.2