Part 6 (ch24) Questions Numeric
For students
Last updated: 07/05/2025
Type your answers with “.” instead of “,”! For numerical answers, use 2 decimal places. For instance, if your answer is 0.12345 or 12.345%, type, “12.34” in the box.
Q1
Q: You own a bond with a face value of $1000 and a conversion ratio of 39.51. What is the the conversion price?
Answer:
- 25.31
Q2
Q: You own a bond with a face value of $1000 and a conversion price of $27.78. What is the the conversion ratio?
Answer:
- 36