Attached please find Balance Sheet, Income Statement, and Footnote 3 on Debt from Chesapeake Energy Corp.'s 2017 Annual Report. Note that Columns 1 and 3 are principal (par) amounts, while columns 2 and 4 are carrying (NBV = Net Book Value) amounts. Answer the following questions. Assume annual compounding. 1. What is the effective r% on the 5.5% convertible senior notes due in 2026 (13th row in the footnote). 2. Calculate the ratio of Total Long-term liabilities/Total Chesapeake Stockholders' Equity 3. Assume that the bonds in #1 were swapped for equity at NBV, at year-end. Recalculate the ratio in #2. Ignore taxes. 4. Redo part 2, assuming that the bonds were swapped for equity at 110% of par. 5. Recalculate the ratio in #2 properly accounting for the debt and equity portions, assuming that the 5.5% bonds were issued at par (the par amount shown in the footnote) and the discount represents the equity portion.

https://www.chegg.com/homework-help/questions-and-answers/attached-please-find-balance-sheet-income-statement-footnote-3-debt-chesapeake-energy-corp-q105107013?auth_provider=oa&nruuid=a5c46e9a