Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
One Coin Crypto (OCC), currently has assets with a market value of $100. Next year the market value of OCC's assets is going to increase by 50% or decrease by 40% depending on the state of the economy. The annual risk-free rate of interest is 0%. OCC has one share of common stock issued and outstanding as well as one corporate bond outstanding with a face value of $100 and a coupon rate of 5% maturing next year at t-1. The corporate bond has no callable, puttable or convertible features
(a) Find today's value of OCC's corporate bond and common stock. What is the promised yield to maturity of the corporate bond equal to?
(b) Now suppose that in addition to the 5% coupon we also make the corporate bond convertible at the discretion of the bondholder) into 2 shares of common stock. In other words, the bondholder has the right but not the obligation to exchange their bond into 2 shares of common stock when the bond matures. What is today's value of OCC's convertible corporate bond and common stock? What is the promised yield to maturity (YTM)? How about the promised yield to conversion (YTC)?
(c) Finally, how would your answers to part (b) change if the corporate bond were instead convertible into 9 shares of common stock?
Use the Normal model ?N(105,12) for the IQs of sample participants.
Identify the aspects of character education clearly communicated through the text. What content of character education would be well taught with this text?
Select one task and provide a one sentence demonstration explaining how you would take the chosen task through Gagne-Briggs' Nine Events.
What are the ways to analyze investments and how can we use them to improve upon decision-making?
Last week, you were asked to consider which stage of critical thinking you felt that you were in. This week, building off last week's assignment and lecture, we know that employers are wanting more critical thinking from their employees.
Can you please help me t answer this question: - Do you feel that affirmative action is a good way to remedy past discrimination?
Discuss how this is of value to a firm as compared to only using the mean. In other words, clearly explain the difference between these two statistics.
Please explain flowchart of all activities that should be completed when reviewing an applicant who wishes to be given medical staff privileges at a hospital.
How does Augustus portray himself in this document of "Augustus, Res Gestae"? What metaphors and symbols does Ovid use to describe finding a lover.
What is political skill? How does this help you in the workforce? How can I gain this skill?
What is the required unit sales increase necessary to break even? B/E unit volume increase = (7/28.8-7))*100 = 32.1%
Develop innovative and sustainable solutions to strategic marketing challenges. Communicate in a manner that is professional and consistent with expectations for members of the business profession.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd