A French corporation issued a convertible bond in May. 2017, due May. 15, 2029 (12 years). It has a coupon of 5%, paid annually. The bond, with a par value of $1,000, is convertible into 40 shares of common stock. Investors paid par value for the bonds, and the price is unchanged. If this company were to issue a straight (non-convertible) bond, it would have had to pay a yield of 11%. The current stock price is $21 per share, and the stock pays an annual dividend of $0.50 per share. From the point of view of the investor, what is the breakeven (years) between buying the stock, and buying the convertible bond

Suppose general motors demands labor according to the labor demand function 푤푤= 40−0. 5퐸퐸, where 푤푤 is the hourly wage and 퐸퐸 is the number of employees. the united auto workers union has a utility function given by 푈푈=푊푊∗퐸퐸. a.in 1984, the united auto workers union started negotiations with general motors by assuming that they were a monopoly union. find the wage and employment demands that the united auto workers union would have demanded before any bargaining began. b.if general motors and the united auto workers union both had excellent bargaining representatives, would this be the final labor contract? if not, then explain in words and graphically where they would end up after the bargaining process.

Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?

Ineed this asap miguel's boss asks him to distribute information to the entire staff about a mandatory meeting. in 1–2 sentences, describe what miguel should do.