What is the bonds straight-debt value

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What is the bond's straight-debt value? If the following is true: Years to maturity: 10 Stock price: $30.00 Par value: $1,000.00 Conversion price: $35.00 Annual coupon: 5.00% Straight-debt yield: 8.00%

a)$684.78

b)$720.82

c)$758.76

d)$798.70

e)$838.63

Reference no: EM13950052

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