Business, 12.12.2020 17:00 JvGaming2001

Papa Triangle has issued 10% semi annual convertible bonds 5 years ago totaling RM30million. The bond has a maturity period of 20 years. The share is currently selling at RM30 per share and conversion ratio is 20. Other competitive convertibles yielding at 12%. The par value of the bond is RM1000 and the company's tax is 40%. Calculate the conversion price.

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Papa Triangle has issued 10% semi annual convertible bonds 5 years ago totaling RM30million. The bon...

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