Question: The table below provides market data from February 27, 2012. Solve for the unknown variables. The Premium column refers to the percentage extra an investor

The table below provides market data from February 27, 2012. Solve for the unknown variables. The "Premium" column refers to the percentage extra an investor would pay for the stock if it purchased the bond at the market price and immediately converted at the conversion ratio. Assume that the bonds pay semiannually, that they mature at the end of the year shown, and that today is March 1, 2012. Thus the next payment will be in 4 months or 0.67 of a semiannual payment period. (Ignore any slight rounding.)
The table below provides market data from February 27, 2012.

Source: National Post, www.financialpost.com/, accessed February 28, 2012. Material reprinted with the express permission of National Post, a division of Postmedia Network Inc.

Coupon (%) Yield to Premium Conversion Conversion Stock Price Price Issuer H&R Real Estate Chemtrade Logistics 5.75 2018 02.00 5.39 Cineplex Galaxy Keyera Facilities Neo Material 5.00 Rogers Sugar 5.75 Canexus Maturity Price Maturity (%) (%) Ratio 4.50 2016 3.41 22.12 3.64 27.50 $23.60 5.00 $17.03 6.00 2012 142.81 -0.31 5.33 18.75 $26.86 2013 225.00 34.61 5.30 4.71 5.80 5.24 7.25 13.89 8.25 19.10 $43.06 2017 98.49 2018 106.00 5.75 2018 99.70 56.95 32.50 45.64 13.80

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