Question: In December 2 0 2 2 , Blue Corp. decided to issue 1 0 0 , 0 0 0 convertible bonds, maturing in December 2

In December 2022, Blue Corp. decided to issue 100,000 convertible bonds, maturing in December 2032. The bonds have a face value of \(\$ 1,000\) and promise an annual coupon payment of 6.00 percent. The conversion ratio of these bonds is 25.64, and it is known that Blue Corp.'s common shares were trading at \(\$ 37\) in December 2022. These bonds are rated \(\mathrm{A}-\), and straight bonds from similar companies with similar maturity yield 10 percent. The current market price of these bonds is \(\$ 1,067\). Calculate the conversion price, conversion value, SBV, floor value, and conversion premium for these bonds. (Round answers to 2 decimal places, e.g.125.25 or 25.25\%.)
In December 2 0 2 2 , Blue Corp. decided to issue

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