Question: i need help with both please D E A B C 1 202: MT-15 - MISC P6 on December 31, 20x9, Gable Corporation reported outstanding,
i need help with both please
D E A B C 1 202: MT-15 - MISC P6 on December 31, 20x9, Gable Corporation reported outstanding, convertible bonds. On January 1, 2010 bondholders presented the following amount for conversion: AMOUNT PRESENTED S $400,000 TOT O/S $ $600,000 TOT UNAMORT DISCS S 48,000 Each $1,000 bond is convertible into: #SH PV 30 25 P7 Find the PV of a B/P paid semi-anually. The B/P matures in 3 years. (1 pt) FACES 500,000) FACE % 12% MKT % 10%
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