PLEASE DO NOT USE CHAT GPT You are the CFO of WhatsUp, a social network company on July $1,2023.$ WhatsUp's stock price is $$12$ and its convertible debt is now callable by the company. The details for this convertible debt are provided below:

$\backslash$table$[[$Convertible Subordinated Notes,$],[$Issued under U$.$S$.$ SEC Rule $144$A$,100],[$Aggregate principal amount $($$ million$),97],[$Proceeds net of offering costs $($$ million$),0],[$Coupon $(\%),108],[$Conversion ratio $($shares per $$1,000$ principal amount$),1-$Jul$-2023],[$Call date,$100\%$ of face value$],[$Call price,$1-$July$-2025],[$Maturity$,]]$

a$)$ What is the value of all the shares the bondholders would receive per $$1,000$ bond if they convert the bond to shares of stock?

b$)$ What is the value per $$1,000$ bond the bondholders would receive under the call $($i$.$e$.$ if WhatsUp decides to exercize the call provision to buy back the bonds and bondholders have to tender their bonds$)?$

c$)$ If WhatsUp announces their intention to call the bonds, will the bondholders convert into shares or accept the call price?