On Friday Huron Investments stock closes at $5.35. The Huron Investments 8.125% Convertible debenture maturing September 13, 2044 closes at 239.320. After the closing bell Huron Investments announces that the debenture will be called at 111.250. The debenture is convertible into common stock at $5 per share. A $1,000 bond is now worth?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “On Friday Huron Investments stock closes at $5.35. The Huron Investments 8.125% Convertible debenture maturing September 13, 2044 closes at ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
As an independent student Sally borrowed $4,000 her first semester of college through an Unsubsidized Stafford loan at 6.8% APR, compounded monthly.
Answers (1)
A company pursuing the differentiation or focused differentiation strategy would tend to: Group of answer choices develop flexible systems that allow rapid response to customers' changing needs. develop and maintain cost-effective MIS operations.
Answers (1)
Assume that the Uncovered Interest Parity (UIP) holds. If the rate of retum on a euro asset is 8 percent and the rate of return on a comparable dollar asset is 4 percent, the expected rate of dollar depreciation must be A. - 5 percent. B. 4 percent.
Answers (1)
The NuPress Valet Co. has an improved version of its hotel stand. The investment cost is expected to be $72 million and will return $13.5 million for 5 years in net cash flows. The ratio of debt to equity is 1 to 1.
Answers (1)
Gaba Corporation uses the FIFO method in its process costing system. The Grinding Department started the month with 17,400 units in its beginning work in process inventory that were 60% complete with respect to conversion costs.
Answers (1)
New Questions in Business
What are implicit costs? an implicit cost is a. a cost that remains constant as output changes. b. the highest-valued alternative that must be given up to engage in an activity. c. a nonmonetary opportunity cost. d.
Answers (1)
When interest rates rise, how might businesses and consumers change their economic behavior?
Answers (1)
Which of the following statements is true according to the two-factor theory? A. Recognition is a hygiene factor. B. The hygiene factors tend to be intrinsic factors. C. Adequate hygiene factors ensure that people are not dissatisfied. D.
Answers (1)
What is the present value of a $100 perpetuity if the interest rate is 10%? Round your answer to the nearest cent.
Answers (1)
When a business wants to change an accounting method for tax reporting, such as the cost-flow method used for inventory, what body must give permission for the change?
Answers (1)