Question: lest sandra romero Microsalt Edge https/www.mathd.com/Student/PlayerTestaspxtestid-176801451¢erwin yes FIN 343: Advanced Corporate Finance Spring 2018 kassandra romero 3/25/18 11:01 PM Test: Test 2 (Chapters 14-16) Tme

lest sandra romero Microsalt Edge https/www.mathd.com/Student/PlayerTestaspxtestid-176801451&centerwin yes FIN 343: Advanced Corporate Finance Spring 2018 kassandra romero 3/25/18 11:01 PM Test: Test 2 (Chapters 14-16) Tme Remaining: 0057 04 Submi Test Time Remaining: 00:57.04 Submit Test This Question: 1 pt I2 or 40 (19 complete) This Test: 40 pts possible A bond with a face value of $1000 is convertible to common stock at a conversion ratio of 60. If the stock is currently trading at $8 per share, the value of the bond is probably closest in value to which of the following? O A. above $1,667 O B. about $1000 O C. about $486 D. less than $486 Click to select your answer ert

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