Question: The par value is rm1000 . Please calculate conversion ratio, conversion value , conversion premium (rm). thank you sir. TV + mr Pearl Holdings has

The par value is rm1000 . Please calculate conversion ratio, conversion

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 maturity with a period of 20 years. The RM15 million bonds were issued 10 years ago. The conversion price je RM50 and the firm's share is currently selling for RM40 per share. Other similar bonds in the same industry are yielding 16 percent to maturity. The par value is RM4 ann Calculate

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