Percentage conversion premium
A $1,000 bond is issued at par. The market price of the common stock at the issue date was $20. The conversion price is $25. (a) What is the conversion ratio? (b) What is the conversion value? (c) What is the percentage conversion premium?
Now Priced at $10 (50% Discount)
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The conversion price of common stock is $20 a share. Into how many shares will a $1,000 convertible bond be converted?
At the beginning of 2013, Pitman Co. purchased an asset for $900,000 with an estimated useful life of 5 years and an estimated salvage value of $75,000.
A $1,000 convertible bond permits the holder to convert the bond into five shares of common stock (a) What is the conversion ratio? (b) What is the conversion price?
Differentiate between Risk in a portfolio context. How are they measured, and are both concepts relevant for investors?
Using the criteria for distinguishing between operating and capital leases according to FASB ASC Topic 840, what would be the amortization expense for 2013?
A $1,000 bond is convertible into 25 shares of common stock having a market value of $47 per share. What is the conversion value?
The FASB ASC Subtopic Variable Interest Entities affects thousands of business enterprises that now, as primary beneficiaries, consolidate eneities that qualify as controlled VIEs.
For a $1,000 convertible bond, the conversion price is $50. The call price is $1,200. (a) If the conversion value of the bond equals the call price, what should the market price of the stock be?
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