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Zepto Corporation issues bonds with a face value of $1,000 each can exchange a bond for 20 shares of stock. The stock is selling for

image text in transcribedZepto Corporation issues bonds with a face value of $1,000 each can exchange a bond for 20 shares of stock. The stock is selling for $49.40 a share. What is the conversion premium?

Zepto Corporation issues bonds with a face value of $1,000 each can exchange a bond for 20 shares of stock. The stock is selling for $49.40 a share. What is the conversion premium? Select one: a. 1.33 percent O b. 1.21 percent O C. -1.33 percent O d. O percent

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