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Author Question: If a par value $1,000 bond is convertible into 20 shares of the company's stock at the discretion of ... (Read 71 times)

awywial

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on: Apr 14, 2019

Question 1

If a bond pays $50 interest semiannually with a par value of $1,000, its coupon rate is


◦ 5%.
◦ 10%.
◦ 15%.
◦ 20%.

Question 2

If a par value $1,000 bond is convertible into 20 shares of the company's stock at the discretion of the investor, what must the market price of the stock be in order for the investor to make the conversion?


◦ $1,000
◦ $49.50
◦ $50.01
◦ $50
Personal Finance ¦ Madura ¦ 6th Edition
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Marked as best answer by awywial on Apr 14, 2019

nikmaaacs

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Reply #1 on: Apr 14, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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awywial

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Reply #2 on: Apr 14, 2019
Excellent


nikmaaacs

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Reply #3 on: Apr 14, 2019
Great! Please up vote :D


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