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XY has in issue a 6% convertible bond which is redeemable at par or convertible into equity shares in one year's time. The conversion terms are 20 equity shares for each $100 of convertible bond. The conversion value in one year's time is expected to be $105 per $100 nominal of the bond based on the current share price of $5.25.
Which of the following statements about the bond is correct?
A. The yield to maturity of the convertible bond is a constant 6%.
B. The bond will be converted into equity shares in one year's time if the share price does not change.
C. If the bond is redeemed rather than converted that means that the investor will receive $105 for each
$100 of nominal value.
D. XY's post tax cost of debt for the convertible bond will be higher than the yield to maturity.
Answer: B

NEW QUESTION: 2
Universal Containers (UC) wants its users to access Salesforce and other SSO-enabled applications from a custom web page that UC magnets. UC wants its users to use the same set of credentials to access each of the applications. what SAML SSO flow should an Architect recommend for UC?
A. IdP-Initiated
B. SP-Initiated with Deep Linking
C. User-Agent
D. SP-Initiated
Answer: A

NEW QUESTION: 3
エンジニアはどのクラウドサービスモデルを推奨していますか?
A. software-as-a-service
B. infrastructure-as-a-service
C. business process as service to support different types of service
D. platform-as-a-service
Answer: A


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