Acorporation has issued 10%, $1,000 par convertible debentures, convertible at $40. the common stock is currently trading at $45. if the bond and the common are trading at parity, a customer purchasing 5m of the bonds will pay: a $4,950 b $5,000 c $5,625 d $6,550

Last year ann arbor corp had $155,000 of assets, $305,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 37.5%. the new cfo believes a new computer program will enable it to reduce costs and thus raise net income to $33,000. assets, sales, and the debt ratio would not be affected. by how much would the cost reduction improve the roe? a. 11.51%b. 12.11%c. 12.75%d. 13.42%e. 14.09%