You have been hired to value a new 30-year callable, convertible bond with a par value of $1,000. The bond has a coupon rate of 9 percent, payable quarterly. The conversion price is $94 and the stock currently sells for $50. The stock price is expected to grow at 10 percent per year for the next 5 years and 4 percent per year thereafter. The bond is callable at $1100 but based on prior experience, the bond will not be called unless the conversion value is $1300. The required return on this bond is 8 percent. What value would you assign to this bond

In order to be thoughtful about the implementation of security policies and controls, leaders must balance the need to with the impact to the business operations. doing so could mean phasing security controls in over time or be as simple as aligning security implementation with the business’s training events.

What is the best definition of a conclusion?

What are the main advantages and disadvantages of organizing a firm as a c corporation? the advantages are: (select all the choices that apply.) a. there is no limit on the number of owners a c corporation may have, thus allowing the corporation to raise substantial amounts of capital. b. the life of the business can continue beyond the death of any of the owners. c. the corporation can use the assets of the owners to pay for corporate liabilities. this attracts smaller investors to the corporation. d. the liability of the owners is limited to the amount of their investment in the firm. the disadvantages are: (select all the choices that apply.) a. income to a c corporation is subject to double taxation, once at the corporate level and again when received by the owners in the form of a dividend. b. the life of the business usually ends with the death of any of the owners. c. the c corporation is more complicated and more expensive to set up than other business entities. d. corporate liabilities can be passed on to the share