Business, 19.11.2019 22:31 Santos7446

19. a 4.5 percent, semi-annual coupon bond has a face value of $1,000 and a time to maturity of 4 years. the bonds are convertible into shares of common stock at a conversion price of $42.50. the stock price currently is $40.70. similar, non-convertible bonds have a yield to maturity of 5.6 percent. the intrinsic value of this bond is and the conversion value is

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19. a 4.5 percent, semi-annual coupon bond has a face value of $1,000 and a time to maturity of 4 ye...

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