What is the conversion value of the bond

Assignment Help Business Economics
Reference no: EM132075364

A $100 par convertible debenture has a conversion price for common stock of $28 per share. With the common stock selling at $37, what is the conversion value of the bond?

Reference no: EM132075364

Questions Cloud

What is the bond current yield of sally skidwell : Their yield-to-maturity is 10% on an annual compounding and the current market price is $853.61. What is the bond's current yield?
What expectation of the price of the stock by end of year : If the stock is fairly priced today, what expectation of the price of the stock by the end of year
What consumers are saying about a brand : One of the important benefits of social media such as Facebook and Twitter is that they allow marketers to easily learn what consumers are saying.
Consider the following information on huntington power co : 4,000, 7% semiannual coupon bonds outstanding, $1,000 par value, 18 years to maturity, selling for 102 percent of par; the bonds make semiannual payments.
What is the conversion value of the bond : With the common stock selling at $37, what is the conversion value of the bond?
Determine which groups present the greatest threat to public : You will identify and classify the different groups to determine which groups present the greatest threat to public safety.
Determine the level of operating income : Determine the level of operating income at which Sand Key would be indifferent between debt financing and equity financing.
Calculate the expected price in 4 years : Calculate the expected price in 4 years. You expect the risk free rate to decrease to 3% and the market risk premium to increase to 10% in 4 years.
Find at least one effective community policing effort : Community policing efforts are critical in creating a safe environment for citizens. You are a mid-level police supervisor.

Reviews

Write a Review

Business Economics Questions & Answers

  Commanded that there should be cheapness

In the year 302, the Roman emperor Diocletian “commanded that there should be cheapness.” His edict declared: Unprincipled greed appears wherever our armies, following the command of the public weal, march, not only in villages and cities but also up..

  Determine the present worth of this series of cash flows

A person you trust foresees the need for a loan and suggests that you loan them $2,000 at the end of year 1, $1,000 at the end of year 2, nothing in year 3, and then they will pay you $1,000 in year 4, $2,000 in year 5, and $3,000 in year 6. They not..

  Determine exchange rates-why are exchange rates so volatile

What are the main factors that determine exchange rates? Why are exchange rates so volatile?

  Set of affordable bundles

If the price of one good is four time the price of the other also the price of both double, Illustrate what effect does it have on the set of affordable bundles

  Locating an assembly plant in region

A car manufacturer is considering locating an assembly plant in your region. List two simple, two intermediate, and two complex problems associated

  Is it necessary to register a trademark

Is it necessary to register a trademark? What are the benefits to registering a trademark? What distinguishes a trademark from another symbol or group of words?

  The best way for you to reduce your risk

Suppose you are a manager for a company that produces grape jelly. Which of the following is the best way for you to reduce your risk

  Promote economic development through tourism

How can developing countries promote economic development through tourism?

  What is the probability of either a or b occurring

The probabilities of the events A and B are .20 and .30, respectively. The probability that both A and B occur is .15.

  What is growth rate of nominal GDP and the inflation rate

In the country of Wiknam, the velocity of money is constant. Real GDP grows by 3 percent per year, the money stock grows by 8 percent per year, and nominal interest rate is 9 percent. What is the growth rate of nominal GDP and the inflation rate?

  Federal reserve is aspect of monetary policy

The purchase of Treasury bills by the Federal Reserve is an aspect of (conventional or uncoventional) monetary policy, the expansionary version of which the Fed can use when the federal funds rate is (well above/near) zero. The government securities ..

  GNI per capita can be higher than GDP per capita for country

GNI per capita can be higher than GDP per capita for country A when

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