Question: Please calculate conversion price , conversion value , and conversion premium ( in percentage) thank you . a) Benjo Berhad has issued 8 percent semi-annual

Please calculate conversion price , conversion value , and conversion premium

Please calculate conversion price , conversion value , and conversion premium ( in percentage)

thank you .

a) Benjo Berhad has issued 8 percent semi-annual convertible bonds 5 years ago totaling RM30 million. The bond has a maturity period of 20 years. The share is currently selling for RM28 per share and the conversion ratio is 25. Other competitive convertibles are yielding at 12 percent. The par value of the bond is RM1,000 and the company's tax rate is percent. Calculate the

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

please calculate : conversion price,conversion ratio,conversion value and conversion premium ( in percentage ) . thank you a) Franky's board of management agreed to issue RM20 million in convertible...

Please calculate conversion ratio , conversion value , and percentage of conversion premium. thank you . a) Palacio Berhad requires RM50,000,000 for expansion and set to use convertible bonds as...

The par value is rm1000 . Please calculate conversion ratio, conversion value , conversion premium (rm). thank you sir. TV + mr Pearl Holdings has 10 percent semiannual convertible bond with a...

The Pierce Co. just issued a dividend of $3.00 per share on its common stock. The company is expected to maintain a constant 5 percent growth rate in its dividends indefinitely.If the stock sells for...

Pls calculate conversion price, conversion value , conversion ratio . thank you In line with the company's expansion, Hunza Properties decides to raise some funds through issuing 200,000 units of...

Answer the following question shown the picture down below 6-1 to 6-20 6-7. Tracer Manufacturers issued a 10-year bond six years ago. The bond's maturity value is $1.000. and its coupon interest rate...

On December 31, 2020, Wilton Ltd. issues 15 percent 10-year convertible bonds with a maturity value of $7.000.000. The semi-annuale des June 30 December. The market interest rate is 14 percent, and...

please answer questions attached on the document. Thank you. 1. Award: 2.00 points The Muse Co. just issued a dividend of $2.55 per share on its common stock. The company is expected to maintain a...

Case 30 Hamilton Products Andre Weatherby, an aspiring artist, had just sold his fifth painting of the year and now had $5,000 in cash to invest. His first inclination was to place his money in a...

please answer question i to ii and I will give you a like!! Question 3 (20%) HSU just issued US$200 million 10 year bond at PAR with an annual coupon of 2% attached with a 3 year warrants on HSU...

(a) Find the curve y(x) that passes through the endpoints (0, 0) and (1, 1) and minimizes the functional I[y] = 1/0 [(dy/dx) 2 y2] dx. (b) What is the minimum value of the integral? (c) Evaluate...

Q.No.5. Flow control is a technique that allows two stations working at different speeds to communicate with each other. Choose the correct characteristics (given below) and place in the given table...

Each of the cards describes a sequence of decimal numbers. a Work out the fifth term of each sequence. b Write the numbers from part a in order of size, starting with the smallest. A First term: 0.5...

A company is preparing completing their Cash Budget. The following data has been prepared for cash receipts and payments. January February March Cash receipts $1,061,200 $1,182,400 $1,091,700 Cash...