Newman cooperation convertible bonds The following data apply to Newman corporations convertible bonds maturity 10 stock...

Newman cooperation convertible bonds

The following data apply to Newman corporations convertible bonds

maturity 10

stock price $30

per value 1000

conversion price $35

annual coupon 5%

staight debt yield 8%

refer to the data for Newman corporation convertible bonds. What is the bond street that value?

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

jeff jeffy answered 1 year ago

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