Question: QUESTION 36 0.4 A convertible bond has a par value of $1,000, but its current market price is $950. The current price of the issuing

 QUESTION 36 0.4 A convertible bond has a par value of
$1,000, but its current market price is $950. The current price of

QUESTION 36 0.4 A convertible bond has a par value of $1,000, but its current market price is $950. The current price of the issuing company's stock is $19 and the conversion ratio is 40 shares. The bond's conversion premium is $200 $190 $240 $50 QUESTION 37 A corporate bond has a 10-year maturity and pays interest semi-annually. The quoted coupon rate is 6% and the bond is priced at par. The bond is callable in 3 years at 110% of par. What is the bond's yield to call? 6.72% 4.49% 8.98% 9.17%

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