What is the value of the convertible bond

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Kurt owns a convertible bond that matures in 11 years. The bond has a coupon percent and pays interest semiannually. The face value conversion price is $25. Simi price of the stock is $26.50 per share. What is th of the bond is $1,000 and the lar bonds have a market teturn of 7.25 percent. The current e straight bond value? What is the value of the convertible bond?

Reference no: EM132070193

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