問題詳情
22. A convertible bond pays annual coupons, has a coupon rate of 8 percent,and matures in 15 years. The face value is S1,000 and the conversionratio is 45. The stock currently sells for $20.2 a share. Similarnonconvertible bonds are priced to yield 9 percent. What is the minimalvalue of the convertible bond?
(A) $895.2
(B)$912.1
(C)$1,000
(D)$919.4
(E) $909.0
參考答案
答案：[無官方正解]
難度：計算中-1
書單：沒有書單，新增