subject
Business, 01.12.2020 14:00 jeanieb

A $1,000 convertible debenture has a conversion price of $75 per share, an annual coupon payment of $55, and a related stock price of $72.40 a share What is the conversion value of this bond? A. S1055.00
B. $1,052.40
C. $965.33
D. $992.68
E. $1,000.00

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:30
Before contacting the news or print media about your business, what must you come up with first ? a. a media expertb. a big budgetc. a track recordd. a story angle
Answers: 1
question
Business, 22.06.2019 03:00
Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.
Answers: 2
question
Business, 22.06.2019 04:50
Allie and sarah decided that they want to purchase renters insurance for the apartment they share. they made a list of all of the items to be covered by the insurance policy, along with their estimated values. if the items to be covered total more than $3000, the insurance company charges an annual premium of 23% of the total value of the items. if the items to be covered total $3000 or less, the insurance company charges an annual premium of 20% of the total value of the items.
Answers: 1
question
Business, 22.06.2019 20:50
Many potential buyers value high-quality used cars at the full-information market price of € p1 and lemons at € p2. a limited number of potential sellers value high-quality cars at € v1 ≤ p1 and lemons at € v2 ≤ p2. everyone is risk neutral. the share of lemons among all the used cars that might be potentially sold is € θ . suppose that the buyers incur a transaction cost of $200 to purchase a car. this transaction cost is the value of their time to find a car. what is the equilibrium? is it possible that no cars are sold
Answers: 2
You know the right answer?
A $1,000 convertible debenture has a conversion price of $75 per share, an annual coupon payment of...
Questions
question
Mathematics, 07.10.2020 01:01
question
Chemistry, 07.10.2020 01:01
question
History, 07.10.2020 01:01
question
Mathematics, 07.10.2020 01:01
question
Mathematics, 07.10.2020 01:01