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33. Which of the following is the correct calculation of the premium over conversion value? a.      market price...

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Finance

33. Which of the following is the correct calculation of thepremium over conversion value?

a.      market price minus parvalue

b.     market price minus conversionratio

c.      market price minusconversion value

d.     market price minus stockprice

35. A bond has a par value of $1,000, a market value of $900, aconversion price of $45, and an associated stock price of$40.  The premium over conversion value is

a.      $0.

b.     $5.00.

c.      $11.11.

d.     $100.00.

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Transcribed Image Text

33. Which of the following is the correct calculation of thepremium over conversion value?a.      market price minus parvalueb.     market price minus conversionratioc.      market price minusconversion valued.     market price minus stockprice35. A bond has a par value of $1,000, a market value of $900, aconversion price of $45, and an associated stock price of$40.  The premium over conversion value isa.      $0.b.     $5.00.c.      $11.11.d.     $100.00.

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