Given the following information for a convertible bond: 6% $25 Coupon rate Exercise price Maturity date Call price 25 years $1,040 a) if comparable nonconvertible debt offered an annual yield of 9%, what would be the value of this bond? b) if the stock were selling for $34, what is the value of the bond in terms of stock? c) What is the current minimum price that the bond will command? d) Is there any reason to anticipate that the firm will call the bond? Given the following information for a convertible bond: 6% $25 Coupon rate Exercise price Maturity date Call price 25 years $1,040 a) if comparable nonconvertible debt offered an annual yield of 9%, what would be the value of this bond? b) if the stock were selling for $34, what is the value of the bond in terms of stock? c) What is the current minimum price that the bond will command? d) Is there any reason to anticipate that the firm will call the bond