You own a convertible bond that has a 6 yield 45 coupon


You own a convertible bond that has a 6% yield, 4.5% coupon rate, pays semiannually, and has 3 years to maturity. The conversion rate is 8. The current stock price is 127.3. Calculate your gain or loss if you decide to convert.

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Financial Management: You own a convertible bond that has a 6 yield 45 coupon
Reference No:- TGS01241423

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