Question: a. Calculate the current conversion value for the bond. Do not round intermediate calculations. Round your answer to the nearest cent. Is the conversion option

a. Calculate the current conversion value for the bond. Do not

a. Calculate the current conversion value for the bond. Do not round intermediate calculations. Round your answer to the nearest cent. Is the conversion option embedded in this bond in the money or out of the money? The conversion option embedded is this bond is $ calculations. Round your answer to two decimal places. The payback period would be years. This is -Select- as the bond matures in 7 years. d. Calculate the convertible's current yield to matunity. Do not round intermediate calculations. Round your answer to two decimal places. Round your answer to the nearest cent

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