You plan to invest €11,000 and are considering a convertible bond issued by France Telecom SA with a par value of €1,000 and convertible into Orange SA shares with a conversion ratio of 20. This convertible bond pays a coupon of 2.5% and sells at a price of €1,100 (which includes a 15% conversion premium). How much total income(coupon plus capital gains) will this investment offer if, over the course of the next 12 months, the price of the stock moves to €80 per share and the convertible trades at a price that includes a conversion premium of 5%? What is the holding period return on this investment? Finally, calculate the current price of the underlying Orange SA common stock.