33. Which of the following is the correct calculation of the premium over conversion value? a. market...

33. Which of the following is the correct calculation of the premium over conversion value?

a. market price minus par value

b. market price minus conversion ratio

c. market price minus conversion value

d. market price minus stock price

35. A bond has a par value of $1,000, a market value of $900, a conversion price of $45, and an associated stock price of $40. The premium over conversion value is

a. $0.

b. $5.00.

c. $11.11.

d. $100.00.

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jeff jeffy answered 9 months ago

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