Active TopicsActive Topics  Display List of Forum MembersMemberlist  Search The ForumSearch  HelpHelp
  RegisterRegister  LoginLogin
Subject Topic: CONVERTIBLE BONDS (Topic Closed Topic Closed) Post ReplyPost New Topic
Message << Prev Topic | Next Topic >>

Joined: 05 Feb 2009
Online Status: Offline
Posts: 47
Posted: 05 Apr 2011 at 20:01 | IP Logged  

6% convertible non-collable bond issued 5 years ago and 5 years to maturity. Interest payments is on quarterl. current market rate on similar bonds 3.50 % comounded quarterly. Par value of Bond is $1000 and convertible at 30 shares, share are currently trading at $ 35.75. find followings:
1- Bond Value
2- Conversion Price for Bond
3- Conversion Value for Bond
4- Minimum Price at which bond will trade
5- Conversion Premium if bond is currently trading for $ 1120

Appreciate if some one answer above

Thanks in advance
Back to Top View KSM94's Profile Search for other posts by KSM94

Sorry, you can NOT post a reply.
This topic is closed.

  Post ReplyPost New Topic
Printable version Printable version

Forum Jump
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot delete your posts in this forum
You cannot edit your posts in this forum
You cannot create polls in this forum
You cannot vote in polls in this forum

Powered by Web Wiz Forums version 7.9
Copyright ©2001-2010 Web Wiz Guide

This page was generated in 0.1094 seconds.

Copyright 1996-2016 CPAnet/MizWeb Communities All Rights Reserved
|Facebook |CPA Exam Club | About | Contact | Newsletter | Advertise & Promote