If the bonds were not convertible, what would they be worth?
1. If the bonds were not convertible, what would they be worth? 2. Since the bonds are convertible, what is their stock value? 3. If the value of the stock rose to $15, what would happen to the value of the bonds? 4. If the price of the stock declined to $5, what would happen to the value of the bonds? 5. If the money […]