What is the conversion value of the bond

Assignment Help Financial Management
Reference no: EM131916269

A $1,000 par convertible debenture has a conversion price for common stock of $30 per share. With the common stock selling at $39, what is the conversion value of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Conversion value $

Reference no: EM131916269

Questions Cloud

Index futures contract at futures price : On January 1, you sold one March maturity S&P 500 Index futures contract at a futures price of 1,250.
Indifferent to the two forms of payment : what final payment will the bank require you to make so that it is indifferent to the two forms of payment?
Value of the call option : Suppose the current price of the company's stock is $63. What is the value of the call option if the exercise price is $50 per share?
What is the value of the call option : Suppose the current price of the company's stock is $82. What is the value of the call option if the exercise price is $67 per share?
What is the conversion value of the bond : With the common stock selling at $39, what is the conversion value of the bond?
Calculating portfolio betas : You own a portfolio equally invested in a riskfree asset and two stocks. what must the beta be for the other stock in your portfolio?
What is current value of stock : The exercise price on the call option is $71. What is the current value of the stock if the risk-free rate is 4 percent?
Taxes and wacc : Sixx AM Manufacturing has a target debt—equity ratio of 0.62. If the tax rate is 35 percent, what is the company's WACC?
Discount rate for discounted cash flow analyses for project : you should use 12% as the discount rate for the discounted cash flow (DCF) analyses for this new project.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd