Answer:
correct option is b. $36
Explanation:
given data
bought = $1,000 par convertible
convertible into common = $32 per share
bond market price increases = 12.5%
solution
we know that conversion ratio is fixed when the convertible security are issued and it does not change
we have bond is issued with a conversion price = $32
so as per each bond converting conversion ratio will be
conversion ratio = 
= 31.25 : 1
so by every bond which is converted , then receives = 31.25 share
so now bond price will be = $1125
parity price of the stock will as = 
parity price of the stock = $36
correct option is b. $36
Answer:
Option C 0.72 is correct
Explanation:
Cash and cash equivalents 351
Marketable securities 379
Accounts receivable 242
Total quick assets 972
Divide by Current liabilities 1341
Quick ratio 0.72
Answer:
1,011.429 dollars
Explanation:
The dealer is willing to sale bond (we purchase from the dealer) at the ask price
In this case 1,011.429 dollars per bond.
If anyone want's to purchase those bonds will have to pay this amount per bond.
The opposite to the ask price is the bid price, which is the price at which the dealer is willing to purchase bond (we sale it to the dealer).
Answer:
A) Positive, because higher prices yield larger quantities supplied.
Explanation:
The correct answer to the question is A) Positive, because higher prices yield larger quantities supplied. The price elasticity of supply determines the change in price as a response to the change in supply of the good or service supplied. This is usually calculated in a figure that determines that if price increases what will be the impact on its supply, which usually is a positive figure.
