Answer:
a. $880.74
b. 13 years
Explanation:
a. Conversion ratio = Current Value of bond / Conversion price = 1,000 / 93.4 = 10.71
Conversion price of bond = 10.71 × 28.60 = $306.31
Coupon = Par value of bond * Coupon rate = $1,000 * 6.4% = $64
Present value of straight debt is calculated below:
Present Value = $64 × [1-(1+7.4%)^-30 / 7.4%] + [$1,000 / (1+7.4%)^30]
= $64*11.93 + $117.46
= $763.28 + $117.46
= $880.74
.
Therefore, the minimum value of bond is $880.74
b. Conversion ratio = 10.71
Current stock price = $28.6
Suppose number of year the stock will take to reach above $1,140 is t.
Conversion value = Current stock price * Conversion ratio*(1+10.8%)^t
$1,140 = $28.6 * 10.71 * (1.108)^t
(1.108)^t = 3.7218
t = 12.8145 year.
t = 13 years
Answer:
Semler's early leadership Style was the coercive one. He expected a lot from his employees believe in micromanaging his team. He always do overtime and expects the same from his employees/team as well.
Explanation:
Semler's early leadership Style showed that he wanted immediate success and be bossy in terms of selecting and firing the employees.
I feel like we should but your teachers want more education time at my school we have 40 minutes of P.E
In an insurance policy, the deductible is the amount paid out of pocket by the policy holder before an insurance provider will pay any expenses.
The lower a plan's deductible, the higher the premium. You'll pay more each month, but your plan will start sharing the costs sooner because you'll reach your deductible faster.
Option a; In employee selection, initial screening consists of two stages of Employment application form and the preliminary review.
Any new product development process must include idea screening. Using predetermined criteria, data (such as market research), or scoring models, it aids in the vetting and evaluation of potential ideas.
Consider the following while evaluating new concepts: relevance, limits, budgets, value, dangers, and/or feasibility. Even though this list is by no means comprehensive, it should give you some background on how to go about idea screening.
In addition to the aforementioned, you can leverage previous market research or client information/feedback to judge the viability and worth of a novel idea. Everything begins with your ideas. The finest product concepts combine viewpoints from several teams and stakeholders as well as market and consumer research (where possible).
Learn more about Screening here:
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