Your friend comes to talk to you about a convertible bond that she owns. Comment on the logic in her thought process. She says: "My convertible bond is currently priced at $800 and can be exchanged for 20 shares of common stock. Currently, that stock is trading at $30 per share. I have been told not to convert my convertible bond into this equity, because the conversion value of equity is only $600. But, I think that I should convert the bond into the equity, because with the equity, I have the potential of a future increase in value that is limitless should the price of the equity skyrocket. Therefore, I'd be willing to trade the $800 bond for the $600 1worth of equity because I'd be paying the extra $200 for the growth potential