Question: Please A B and C :) Thanks Will thumbs up Conversion (or stock) value What is the conversion (or stock) value of each of the

Please A B and C :) Thanks Will thumbs up

Conversion (or stock) value What is the conversion (or stock) value of each of the following convertible bonds? a. A $1,000-par-value bond that is convertible into 25 shares of common stock. The common stock is currently selling for $50.00 per share. b. A $1,000-par-value bond that is convertible into 12.5 shares of common stock. The common stock is currently selling for $42.00 per share. c. A $1,000-par-value bond that is convertible into 100 shares of common stock. The common stock is currently selling for $10.50 per share. a. The conversion or stock) value is $ . (Round to the nearest cent.)

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