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andrezito [222]
3 years ago
15

A customer owns a convertible subordinated debenture, convertible into common at $25 per share. The bond is currently trading at

par. If the bond's market price increases by 20%, the conversion ratio will be:A. 25:1B. 32:1C. 40:1D. 48:1
Business
1 answer:
Dafna1 [17]3 years ago
3 0

Answer:

c:40:1 OR B:32:1

Explanation:

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Identify the type of business writing for each description.
Westkost [7]
There are four types of businesses organisation. Sole trader is owned by one person and he makes all the decisions, and earns profit and bears the loss himself. A partnership is owned by 2 or more people and they help each other. The profit and loss is divided between them.
4 0
3 years ago
The stock of Cleaner Homes is currently selling for $15.40 a share. The new rights offering grants one right for each share of s
Kaylis [27]

Answer:

$0.60

Explanation:

Calculation for the value of one right

The first step is to calculate for the cost per share.

Using this formula

Cost per share =[New share price+(New Share right*Stock price)]/ (One right +New Share right)

Let plug in the formula

Cost per share [$13 + (3 × $15.40)] / (1 + 3)

Cost per share =$13+$46.20/4

Cost per share =$59.20/4

Cost per share = $14.80

The second step is to calculate for the Value of right.

Using this formula

Value of right=New share price-Cost per share

Let plug in the formula

Value of right = $15.40 - 14.80

Value of right= $0.60

Therefore the value of one right will be $0.60

5 0
3 years ago
Your firm has $45.0 million invested in accounts receivable, which is 90 days of net revenues. If this value could be reduced to
Leokris [45]

Solution :

Number of days = 90 days

Amount invested = $45 million

So the current earnings is $\$45 \text{  million }  \times 1.075 \text{  in}\ \ 90 \text{  days}$

The number of days is reduced to 50 days. So we can now make the same amount in just 50 days.

So the net increase is what we will make in the remaining 40 days.

If in 50 days, we earn 0.075 return, then we can consider 50 days as t=1.

Then the 50 days = 45 \times 0.075^1  return, and

40 days = 45 \times (0.075)^{40/50}

             =45 \times (0.075)^{4/5}

              = \$ 5.66580371 million increase

              = $ 5.7 million

6 0
3 years ago
Peggy started work after graduation and started investing. Why do you think Peggy would have decided to invest?
zheka24 [161]

Answer:

E. to take out a student loan for further education

Explanation:

8 0
3 years ago
Can someone please help me ????????????
hoa [83]
It would be structural unemployment as the structure of the business is changing and modernising
6 0
3 years ago
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