Question: (Problem 1 continued) Ifthe present value ofthe convertible bond as straight debt is $780, what is the bond's premium on straight bond value ifthe market

(Problem 1 continued) Ifthe present value ofthe convertible bond as straight debt is $780, what is the bond's premium on straight bond value ifthe market price ofthe bond is $940?

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If the present value of the convertible bond as straight debt is $780, what is the bonds premium on straight bond value if the market price of the bond is $940?

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