Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

A $1000 party value convertible bond has a conversion price of $ 50. It is currently selling for $ 1,120 despite the fact that the bond's coupon rate and the market rate are equal. The common stock obtained upon conversion is selling for $ 54 per share. What is the convertible bonds conversion premium.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M938858

Have any Question? 


Related Questions in Basic Finance

New developments in information technology have simplified

New developments in information technology have simplified the assessment of individual borrowers' creditworthiness. What are the likely consequences for the structure of the financial system? For monetary policy?

What are the regulatory responsibilities of the securities

What are the regulatory responsibilities of the Securities and Exchange Commission? What is insider trading? Who sets margin requirements?

Explain how and why the components of aggregate expenditure

Explain how and why the components of aggregate expenditure depend on the real interest rate. Be sure to distinguish between the real and nominal interest rates, and explain why the distinction matters.

Assignment questionsa list and briefly describe the three

Assignment Questions A. List and briefly describe the three general areas of responsibility for a chief financial officer (CFO) of a selected non-financial company which is listed on Australian Stock Exchange (ASX). Expl ...

Wy are voids filled with lightweight infilling

Why are voids filled with lightweight infilling material in raft foundation of pumping stations?

Investment finance assignment- outcomes - this assignment

Investment Finance Assignment- Outcomes - This assignment has been structured in accordance with the following Graduate Attributes: Ability to demonstrate the quantitative skills taught in the unit. Use of computing skil ...

Assume that the production of cement also produces a

Assume that the production of cement also produces a substantial amount of air pollution and that a technology is available that can lower the pollution but with somewhat higher production costs for the cement. Because o ...

Suppose there is an unexpected slowdown in the rate of

Suppose there is an unexpected slowdown in the rate of productivity growth in the economy so that forecasters consistently overestimate the growth rate of GDP. If the central bank bases its policy decisions on the consen ...

Raimo borrowed 920 from chris on october 28 and agreed to

Raimo borrowed $920 from Chris on October 28 and agreed to repay the debt with simple interest at the rate of 3.6% on May 16. How much interest was owed on May 16? Assume February 28 days. Round answer to the nearest cen ...

At the end of 2011 home depots total capitalization

At the end of 2011 Home Depot's total capitalization amounted to $28,992 million. In 2012 debt investors received interest income of $635 million. Net income to shareholders was $4,526 million. (Assume a tax rate of 35%. ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate