At what minimum stock price would you be willing to convert

Assignment Help Finance Basics
Reference no: EM13284211

You purchase a $1000 face value convertible bond for $975. The bond can be converted into 150 shares of stock. The stock is currently priced at $5.25. At what minimum stock price would you be willing to convert?

Reference no: EM13284211

Questions Cloud

How close are the two charges : A positive charge of 0.900? C is located in a uniform field of 1.05×105 N/C. How close are the two charges
Find out the voltage that must be applied to high voltages : Find out the voltage that must be applied to the high voltage winding in order to provide rated voltage at the load under full-load conditions at 0.80 lagging power factor.
What is the net present value of paying the points : If you will keep the mortgage for 30 years, what is the net present value of paying the points (to the nearest dollar)?
Explain what is the resultant ph : Phosphate buffer has 3 ionizable groups, with pKa's of 2.15, 7.2, and 12.45. A 1.20 M solution of this buffer (250 mL) is found to have a pH of 6.0. A biochemist adds 30 mL of 1.0 M NaOH to this buffer. What is the resultant pH?
At what minimum stock price would you be willing to convert : You purchase a $1000 face value convertible bond for $975. The bond can be converted into 150 shares of stock. The stock is currently priced at $5.25. At what minimum stock price would you be willing to convert?
Find the magnitude of the net electric field at the origin : The drawing shows two situations in which charges are placed on the x and y axes. find the magnitude of the net electric field at the origin
Calculate the conversion value of each bond : Hilton common stock is trading (on the NYSE) at $24.05 per share and the bonds are trading at $1,475.
Calculate the field strength if loops are 11 cm india meter : They are separated by a distance equal to their radiusR. They each have N turns and carry equalcurrents I in the same direction. Calculate the field strength if the loops are 11 cm india meter, have 14 turns, and carry a 1.8 A current.
The blast furnace is the main unit in the production of iron : A blast furnace is the main unit in the production of iron from iron ore. One can view the blast furnace as a process in which the principal desired reaction is:

Reviews

Write a Review

Finance Basics Questions & Answers

  Detemining value of preferred share

Preferred shares issued by the CAT carry dividend of 1.25 per share. How do I compute the value of preferred share if the required return on the shares is 14.0%?

  Interpretation of the efficient frontier and portfolios

Based on your investment objective which portfolio would you prefer on the efficient frontier and explain why your choice is good from other portfolios with similar objective but are not on the efficient frontier.

  What is the remaining principle

If you made double payments each month for the first 60 months, then after you have made 60 monthly payments, what is the remaining principle?

  How can diversifying your investments reduce risk

An alternative approach to hedging risk is to focus instead of diversify. In this approach, which is just the opposite of diversifying, you would only invest in one thing.

  What is briggs & stratton capital gains yield

What growth rate would you have to use in the multiple-period valuation model to get the same expected return as you computed previously? What is Briggs & Stratton's capital gains yield?

  Creating appropriate butterfly spread

Three-month European call options on BCE stock, with strike prices of= $30, $40 and $50, cost $7, $3 , and $2, respectively. Create an appropriate butterfly spread.

  Computing mape

The predicted value of the Mexican peso was $0.13 and the realized value was $0.14. In period 2, the predicted value was $0.14 and the realized value was $0.12.

  What will happen to the operating cash flows

You are in charge of a project that has a degree of operating leverage of 2.64. What will happen to the operating cash flows if the number of units you sell increase by 4 percent?

  What was the rate of return on the funds

Your grandmother put $35,000 aside for you 13 years ago. Today, the account is worth $76,432.16. Assuming the money was invested with a daily compounding, what was the rate of return on the funds your grandmother saved?

  Return characteristics of a portfolio

Define the following and give an example: Risk - Return - Risk Preferences  and describe in terms of correlation and diversification the risk and return characteristics of a portfolio.

  Explain how the internet has made this worse

Determine whether file sharing is necessary to further advantage technology or if it should be stopped because it violates copyright law.

  What are the lastest issues facing the company

What are the lastest issues facing the company? What can they teach or learn from other companies regarding CCC?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd