jefferson, incorporated, recently issued bonds with a conversion ratio of 17.1 and a par value of $1,000. if the stock price at the time of the bond issue was $48.73, what was the conversion premium? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Answer 1

The conversion premium for Jefferson, Incorporated's bonds, issued with a conversion ratio of 17.1 and a par value of $1,000, was 19.99%. This premium is calculated by comparing the conversion price to the stock price at the time of bond issuance.

To calculate the conversion premium, we need to compare the conversion price to the stock price at the time of bond issuance.

The conversion price is determined by dividing the par value of the bond by the conversion ratio

Conversion Price = Par Value / Conversion Ratio

Conversion Price = $1,000 / 17.1 = $58.48 (rounded to two decimal places)

The conversion premium is calculated by subtracting the stock price from the conversion price and dividing it by the stock price, then multiplying by 100 to express it as a percentage:

Conversion Premium = [(Conversion Price - Stock Price) / Stock Price] * 100

Conversion Premium = [(58.48 - 48.73) / 48.73] * 100 = 19.99% (rounded to two decimal places)

Therefore, the conversion premium for Jefferson, Incorporated's bonds is 19.99%.

To know more about conversion premium:

https://brainly.com/question/31815414

#SPJ4


Related Questions

Which "class" of fires consists of flammable liquids including stove alcohol, gasoline and diesel?.

Answers

The class of fires that includes those caused by flammable liquids such as alcohol and diesel is Class B fires.

What are class B fires?

These are those fires that are caused by combustible liquids that are capable to spreading fire quickly.

The liquids include alcohol, gasoline, and diesel. Such fires and recommended to be best put out by smothering the flames.

Find out more on Class B fires at https://brainly.com/question/4154871.

#SPJ1

A business that consumes $3,000 of resources to make a product that is sold for $4,000 has earnings or ____ of $1,000. (Enter only one word per blank.)

Answers

Answer:

Profit

Explanation:

The term profit is a term used to describe financial gain. The profit is the difference between the amount of money earned on a business transaction involving the sale of an item or service, to the amount spent to produce, to procure, or the put in a function condition.

In the question, the amount consumed or spent to make the product = $3,000

The amount for which the product was sold = $ 4,000

The profit = 4,000 - 3,000 = $1,000.

how evade taxes pls tell me how to evade taxes i am only nine years old and need not pay taxes cause i hate taxes, taxes are for nerds

Answers

Answer:

you simply cease to do your legal documentation

Explanation

you dont have taxes until u have a job

Jeremy is working on a spreadsheet. Which part of the information processing cycle will justify Jeremy's use of the spreadsheet and give the final output?
A. processing
B. input
C. output
D. storage
E. data entry​

Answers

Answer:

A

Explanation:

if its wrong than forsure d

Answer:

its b

Explanation:

im taking the test on plato

How does insurance fraud create higher overall prices for everyone?

Ya girl is stuck, i need help

Answers

Answer:

Auto insurance fraud affects all drivers because insurance companies determine their rates, at least partially, based on losses. 

The ceo of c & j construction is considering moving to a virtual network structure. What would be the best reason to make such a move?.

Answers

The best reason for the CEO of C & J Construction to consider moving to a virtual network structure is to increase flexibility and scalability. By implementing a virtual network structure, the company can easily expand or contract its network resources based on its needs.

This allows for efficient allocation of resources and cost savings. Additionally, a virtual network structure enables employees to access company resources and collaborate from anywhere, promoting remote work capabilities and improving overall productivity.

Learn more about virtual network structure-

https://brainly.com/question/28852683

#SPJ11

If I am convinced that my own neighborhood is safer than it used to be, but that the crime rate in my society is at an all-time high, I am falling victim to...
A) Probability neglect
B) Shifting the burden of proof fallacy
C) Presumptive pessimism

Answers

Answer:

A) Probability neglect

Explanation:

You probably have lived there so long that you neglect to see what the true crime is, and you honestly could care less if its at it all time high

Answer:

A) Probability neglect

Explanation:

its neglectful if you do this

Confidential business information that gives a business economic edge over its competition is called?
A. Trade tactics
B. Secret recipes
C. Secret tactics
D. Trade secrets

Answers

Confidential business information that gives a business an economic edge over its competition is known as trade secrets.

The correct answer is D.

Trade secrets encompass a broad range of valuable and confidential information, such as formulas, processes, techniques, customer lists, pricing strategies, marketing strategies, and other proprietary knowledge.

Unlike patents, copyrights, or trademarks, which are publicly registered, trade secrets derive their value from being kept confidential. They provide a competitive advantage by allowing a business to maintain a unique position in the market.

Companies invest significant resources in protecting their trade secrets through various means, including non-disclosure agreements, restricted access, security measures, and employee training.

Breach of trade secrets can lead to severe consequences, including legal action and loss of competitive advantage, making their protection crucial for businesses seeking long-term success.

Know more about trade secrets here

https://brainly.com/question/29094849#

#SPJ11

a supervisory appraiser learns that appraisal reports with his signature are being provided to clients without his knowledge. this could only happen if his trainee appraiser uses his electronic signature without his permission.

Answers

The situation described indicates a potential case of unauthorized use of an electronic signature by a trainee appraiser. Here's a step-by-step breakdown of the scenario and its implications:


1. A supervisory appraiser learns that appraisal reports with his signature are being provided to clients without his knowledge.
 2. The only way this could happen is if the trainee appraiser is using the supervisory appraiser's electronic signature without permission.

3. Unauthorized use of an electronic signature is a serious breach of ethical and professional standards.    
4. The supervisory appraiser should take immediate action to address the situation.
 5. Preventive measures should be implemented to avoid future occurrences.


In summary, the supervisory appraiser's discovery of appraisal reports with his signature being used without his knowledge suggests that his trainee appraiser is likely using his electronic signature without permission. This is a serious ethical breach that requires immediate action and further investigation. Preventive measures should be put in place to ensure the proper use of electronic signatures in the future.

To know more about unauthorized  visit:-

https://brainly.com/question/13263826

#SPJ11

Which step directly follows "loss of jobs” in the stagflation cycle?

Answers

Answer:

fewer items produced

Explanation:

Answer:

D

Explanation:

Meeting others through volunteer work is the most common way people expand their network. true false

Answers

Answer:

false

Explanation:

Answer:

F

Explanation:

Just took the quiz on Edge

Which examples demonstrate tasks commonly performed in Visual Arts jobs? Check all that apply. Cliff sets up video equipment at a music concert. Rhonda installs and repairs home electronic equipment in customers’ homes. Gary attends a state fair to sell his handmade clothing in a booth. Christopher dances in a large ballet production on a stage. Yolanda uses a computer tablet to draw an illustration for a textbook. Shirley has a meeting with a customer to discuss a wedding she will be photographing.

Answers

Answer:

3

5

6

Explanation:

I don't have moey. What is the best job to get when you're in middle school?

Answers

Answer:

You can work at publix as a cashier. They acept 14 year olds. And ur in 8th grade as 14 which is in middle school.

Explanation:

This is the best job u can get as a kid

also brainlist me pls

You can make a lot of money by selling this in your house on Craigslist or eBay. Also if you know a lot of people you can sell snacks at school that’s what I did in 6th grade and I make like $50 a day

The foundation of a marketing plan.

Answers

Answer:

Every marketing plan should include a clear explanation of the market segmentation, target market focus, and a market forecast. To develop an effective plan based on your customers' needs and nature.

Ryan, a foreign-exchange dealer, sold U.S. dollars for Swiss francs in the United States, then sold Swiss francs for Japanese yen in Switzerland, and then sold the Japanese yen for U.S. dollars in the United States. Ryan hopes that he will end up with more U.S. dollars than when he began. Which term best describes Ryan's actions

Answers

Answer: Arbitrage

Explanation:

Arbitrage occurs when an economic agent such as an individual buys and sells currencies, securities, or commodities in several markets simultaneously so that the individual can take advantage of the different prices that is charged for the same asset. This is the method that is being used by Ryan in the question.

according to traditional theory on option value, what is the time premium of a call option with a strike price of $30 and a premium of $0.85 if the current stock price is $22.3?

Answers

The time premium of a call option with a strike price of $30 and a premium of $0.85, given the current stock price of $22.3, is $0.

The time premium of an option refers to the portion of the option's price that is attributable to the time remaining until expiration. In the case of a call option, the time premium reflects the potential for the underlying stock price to increase and the option to become more valuable over time.

To calculate the time premium of a call option, we need to consider the intrinsic value and the extrinsic value. The intrinsic value is the difference between the current stock price and the strike price, while the extrinsic value represents the time premium.

In this scenario, the strike price of the call option is $30, and the current stock price is $22.3. Since the stock price is below the strike price, the call option is out of the money and has no intrinsic value.

To calculate the extrinsic value or time premium, we subtract the intrinsic value from the option premium. However, since the option is out of the money, the intrinsic value is $0. Therefore, the entire premium of $0.85 is considered as the time premium.

In summary, the time premium of the call option with a strike price of $30 and a premium of $0.85, given the current stock price of $22.3, is $0. This means that the option premium is entirely made up of time value, indicating that the market does not perceive a significant likelihood of the stock price reaching or exceeding the strike price before the option expires.

To learn more about strike price click here: brainly.com/question/32952938

#SPJ11

The marginal rate of technical substitution is equal to the A. slope of the total product curve. B. change in output minus the change in labor. C. change in output divided by the change in labor. D ratio of the marginal products of the inputs.

Answers

The correct answer is D. The marginal rate of technical substitution (MRTS) is defined as the ratio of the marginal products of the inputs.

The marginal rate, also known as the marginal tax rate, refers to the rate at which an additional unit of income is taxed. It is a progressive tax system where tax rates increase as income levels rise. The marginal rate is applied to the incremental portion of income within each tax bracket.

The concept of the marginal rate is important because it determines the financial incentive for individuals to earn additional income. Higher marginal tax rates can discourage individuals from increasing their earnings, as the additional income may be subject to a higher tax rate, reducing the overall benefit. Understanding the marginal rate is crucial for tax planning and evaluating the impact of tax policies on individuals and businesses.

To know more about Marginal rate refer here :

brainly.com/question/30404864

#SPJ4

Given the current status of the U.S. economy—a slow recovery from a severe, pandemic-induced economic downturn, relatively high unemployment, moderate inflation, and an enormous national debt level—what aggregate demand policy would you recommend as the single most important course of action needed to address the current status of the U.S. economy?
Why do you believe that your recommended course of action will be successful in improving the current performance level of the U.S. economy?

Answers

To address the current state of the U.S. economy, implementing expansionary fiscal policy through increased government spending and/or reduced taxes would be recommended. This can stimulate spending, boost aggregate demand, and improve economic performance.

Based on economic principles, during a slow recovery with high unemployment, a recommended aggregate demand policy would be an expansionary fiscal policy. This involves increasing government spending and/or reducing taxes to stimulate consumer and business spending, thus boosting aggregate demand.

Expanding government spending can create job opportunities, leading to increased employment levels. Reducing taxes puts more money in consumers' pockets, encouraging them to spend more, which can further stimulate economic activity. These measures aim to increase overall spending, leading to increased production, job creation, and economic growth.

The effectiveness of expansionary fiscal policy depends on various factors such as the magnitude of the stimulus, timing, and efficiency of spending. It also requires careful management to ensure fiscal sustainability and avoid excessive inflation or further accumulation of the national debt. Implementing such policies alongside measures to address structural issues and promote long-term economic growth can contribute to improving the overall performance of the U.S. economy.

Learn more about Fiscal policy: https://brainly.com/question/6583917

#SPJ11

planning budgets are sometimes called ______ budgets.

Answers

I believe the answer is static!

Planning budgets are sometimes called static budgets.

What is static budgets?

A static budget is one that stays the same regardless of changes in activity levels. As a result, the budgeted amounts remain unchanged even if actual sales production differs dramatically from the projections made in the static budget.

For instance, a corporation using a static budget would establish a projected expense for the duration of the time, such as $30,000 for a marketing campaign. Managers are therefore responsible for sticking to the budget, regardless of how the actual cost of running the campaign performs throughout the course of the period.

Budget set for a single level of production output is known as a static budget. Likewise known as a master budget. Flexible Budget: A condensed budget that is simple to calculate for various production volume levels. Separates

Thus, static budgets.

For more information about static budgets, click here:

https://brainly.com/question/27426308

#SPJ6

A company that produces a new low-cost product based on improved decision making has likely achieved a(n) ________.

Answers

A company that produces a new low-cost product based on improved decision making has likely achieved a competitive advantage.

What is Competitive advantage?

This is an opportunity that a company or countries has in producing a particular products over the other.

The running cost may be low in an organization due to the availability of various resources that is needed for the production.

Therefore, A company that produces a new low-cost product based on improved decision making has likely achieved a competitive advantage

Learn more on competitive advantage below

https://brainly.com/question/14486110

#SPJ1

Unlike a limited partnership, a general partnership has which of the following?
O A. An unlimited number of partners.
B. Option to declare bankruptcy without penalty.
C. Unlimited liability for all partners.
D. Stockholders and a board of directors.

Unlike a limited partnership, a general partnership has which of the following?O A. An unlimited number

Answers

Answer:

C. Unlimited liability for all partners.

Explanation:

A general partner has unlimited liability to the debts of the business. It follows that in a general partnership business, all partners will have unlimited liability to business debts.  

A general partnership is not a separate entity from its owners. Assets and liabilities of the business will be treated as those of the partners. Should the business fail in paying its debts, the partners' personal properties may be sold to clear the debts.

When would it be appropriate to use licensing and when would be most appropriate to go with franchising?

Answers

Licensing and franchising are both methods of expanding a business, but they differ in some key ways.

Licensing involves granting permission to a company or individual to use a product or service, while franchising involves granting permission to operate an entire business model. Licensing is generally appropriate when a company wants to expand its brand recognition or reach new markets without investing a lot of money or resources.

Franchising is generally appropriate when a company wants to rapidly expand its business while minimizing its investment and risk. Franchising involves granting permission to operate an entire business model, including branding, products, services, and operations.

To know more about brand recognition, click here:

https://brainly.com/question/14126837

#SPJ11

A potential negative result of trade agreements is

Answers

A potential negative result of trade
agreements is JOB LOSS::

49. When an employee is moved to another position in the same class, or to a different class with substantially the same duties and salary this is called a:
A. lateral transfer.
B. horizontal transfer.
C. vertical transfer.
D. departmental transfer.
E. job progression transfer.

Answers

When an employee is moved to another position in the same class or to a different class with substantially the same duties and salary, this is referred to as a option A) lateral transfer.

A lateral transfer allows an employee to move to a different position or department without changing their job level or salary. This type of transfer can be beneficial for both the employee and the organization, as it can provide new challenges and opportunities for the employee while also allowing the organization to retain valuable talent. In contrast, a vertical transfer involves moving to a higher or lower job level, while a departmental transfer involves moving to a different department within the organization. A horizontal transfer is another term for a lateral transfer, and a job progression transfer typically involves moving to a higher job level with increased responsibilities and salary.

To learn more about employee, visit:

https://brainly.com/question/30086684

#SPJ11

multiple choice question strategy is . multiple choice question. the set of actions a firm takes to achieve a competitive advantage

Answers

1) A strategy is a course of action used by managers to achieve one or more objectives of the organization. A overall direction established for the business and its numerous parts to achieve a desirable condition in the future is another definition of strategy. The thorough strategic planning process yields strategy.

2) A firm's strategy is the collection of goal-directed actions it employs to achieve and maintain superior performance in comparison to rivals.

Planning a strategy requires keeping in mind that choices are not made in a vacuum and that each action done by a company is likely to elicit a response from those it will likely affect, including competitors, clients, employees, or suppliers.

To learn more about Strategy here

https://brainly.com/question/14063180

#SPJ4

Define the buildup approach to integrated analysis of cost and schedule risk.

Discuss prioritizing of the risks to cost and give example.

Discuss resource-loaded and costed CPM schedule.

Answers

The buildup approach to integrated analysis of cost and schedule risk is a method used to assess and analyze the combined impact of cost and schedule uncertainties on a project.

In this approach, the project's cost and schedule risks are evaluated separately initially, considering factors such as uncertain activity durations, resource availability, cost estimates, and potential cost overruns. Once the individual risk assessments are completed, the results are integrated to determine the overall project risk.

Prioritizing risks to cost involves identifying and ranking the risks that have the highest potential to impact the project's cost. This prioritization is typically based on factors such as the magnitude of the potential cost impact, the likelihood of occurrence, and the criticality of the affected activities. For example, risks associated with major cost items like procurement, labor, or unforeseen changes in material prices may be given higher priority due to their potential impact on the project's budget.

A resource-loaded and costed CPM (Critical Path Method) schedule is a project schedule that includes resource assignments and cost estimates for each activity. It combines the sequencing of project activities (using the CPM technique) with the allocation of resources and associated costs. This type of schedule provides a more comprehensive view of the project by considering both the time required for activities and the resources and costs associated with each activity.

By resource-loading the schedule, project managers can identify potential resource constraints, assess resource utilization, and make informed decisions regarding resource allocation. Costing the schedule allows for tracking and managing project costs, identifying cost overruns, and ensuring that the project remains within budget. This integrated approach to scheduling and costing helps in better project planning, resource management, and cost control throughout the project lifecycle.

Learn more about build-up approach here,

https://brainly.com/question/33975865

#SPJ11

which of the following statements are correct regarding pert and the critical path method (cpm)? more than one answer may be selected.
Activity relationships afe displayed in the PERT network chart
PERT charts are complex and difficult for many stahehoiders to visuolize.
The critical path method is static and unchanging once it is set up.
The critical path is only updated once an activity is completed

Answers

The following statements are correct regarding pert and the critical path method (cpm):

Activity relationships afe displayed in the PERT network chart PERT charts are complex and difficult for many stahehoiders to visuolize. The critical path is only updated once an activity is completed

What is PERT?

The Program Evaluation and Review Technique (PERT) is a statistical device employed in project management, which was constructed to explain, analyse and depict the activities taken or concerned in completing a given project.

PERT diagrams popularly use three kinds of time estimates which are listed below:

optimistic (o), pessimistic (p), and most likely (m).

These are then used to calculate the expected time (te), which accounts for delays and deviations.

Therefore, the correct answer is as given above

learn more about PERT: https://brainly.com/question/17189205

#SPJ1

Which consideration will help stimulate creativity with exercise development? A. Ensure candidates come from various backgrounds. B. Make sure all members have worked at some point for each key organization. C. Select candidates who all have at least 5 years' experience designing exercises. D. Select candidates with similar backgrounds and expertise.

Answers

To stimulate creativity in exercise development, it is important to ensure that candidates come from various backgrounds. The answer is: A.

When individuals with diverse backgrounds and perspectives collaborate, they bring different ideas, experiences, and knowledge to the table. This diversity of thought can foster innovation, creative problem-solving, and the generation of fresh ideas. Each individual's unique background can contribute to a richer and more creative exercise development process.

By having candidates with varied backgrounds, such as different educational disciplines, professional experiences, or cultural backgrounds, there is a higher likelihood of exploring different approaches, challenging conventional thinking, and generating novel solutions. This diversity can enhance creativity and lead to the development of more engaging and effective exercises.

Hence, the correct option is: A.

To know more about collaborate, refer here:
https://brainly.com/question/30235523#
#SPJ11

Which of the following is the total amount of tax owed by an individual to a taxing authority such as the IRS?
O Tax break
O Tax bracket
O Tax exemption
O Tax liability

Answers

The total amount of tax owed by an individual to a tax authority is known as tax liability.

The amount that a person, company, or other entity owes to a federal, state or local tax authority is known as their tax liability.

Generally speaking, when you make money or gain from the sale of an investment or other item, you have to pay taxes. If you don't have enough income to qualify for tax filing, you might not owe any income taxes.

To Calculate Tax Liability, you should consider:

By totalling up all of your income, deducting any necessary expenses, and applying the result to the tax tables for your filing status, you can estimate your tax obligation for the year.For instance, contributions made to an employer-sponsored retirement plan that permits pre-tax deferrals or a health savings account (HSA) won't be counted toward your taxable income.Furthermore, you may be eligible to deduct some expenses from your gross income, such as interest on student loan debt or health insurance premiums if you are self-employed and paid them all year. These are referred to as above-the-line deductions or adjustments to income. Your adjusted gross income is the outcome (AGI).

To know more about the taxation system:

https://brainly.com/question/26316390

What law requires businesses to communicate more openly about the hazards associated with the materials they use and produce and the wastes they generate

Answers

Answer:

Occupational safety and health act.

Explanation:

Occupational safety and health act is a set of law put together to ensure a standard for a safe and healthy working environment for employees and an assurance of workplace safety .

One of the guidelines to a safe working environment is the requirement that businesses should communicate more openly about associated hazards with the materials they use and produce and the waste they generated as well so that every employee will have a good understanding of related potential hazards and will be careful in complying with the safety measures in place to prevent occurrence.

Other Questions
when you must deliver bad news to one person or a small group, you should usually Evaluate the integral by completing the square and using the following formula. (Remember to use absolute values where appropriate. Use C for the constant of integration.) dx VK) = 2a 2x + 4 dx 4x2 + 8. In an isosceles triangle, does the median to the base bisect the vertex angle?1. yes2. no3. cannot say The nurse is reviewing the results of the patient's echocardiogram and observes that the ejection fraction is 35%. The nurse anticipates that the patient will receive treatment for what condition?A. Pulmonary embolismB. Myocardial infarctionC. PericarditisD. Heart failure Eric has challenged himself to walk 24,000 steps in 4 days. if eric walks the same number of steps each day, which function represents the number of steps eric still needs to walk to reach his goal with respect to the number of days since he started his challenge? Sunlight reflects from a concave piece of broken glass, converging to a point 18 cm from the glass. What is the radius of curvature of the glass sawarasenaikimiwashoujonano bkwarihibcchoosdyo Write an expression for each statement:A. the product of 4 and bB. The sum of 1/5 of m and 2/5 of mC. n divided by 8; then subtract 3 from the quotientD. Explain how 1/4c and 1/4 C are different how much must be saved for retirement to withdraw $100,000 per year for the next 25 years? assume the balance earns 8% annually, and the first payment occurs one year from now. How does theGreek root photo meaning light help you understand more about photographs are cheated Narrative essay about a Small Star Shine in the dark Identify a horizontal or vertical stretch or compression of the function f(x) = xby observing the equation of the function g(x) = sq root 3/2x jean claude has just completed a new line of designer handbags. he wants the price to communicate to the customer that the handbags are high quality and exclusive, so he sets the price high. he knows that after this season, the price may need to decrease as the market evolves. jean claude is using a strategy. The electric force is much stronger than the gravitational force, and yet the gravitational force is the dominant force that we notice in our everyday interactions and at planetary or larger scales. Why? Please help!!! I will give five stars and points for correct answer with an explanation. What do the blue and red lines indicate?A cold front is moving to the north and west before a warm front moves through.A cold front is moving to the south and east before a warm front moves through.A warm front is moving to the north and east before a cold front moves through.A warm front is moving to the south and west before a cold front moves through.Picture is attached. past, present and future long term care? You are considering an investment in a mutual fund with a 7% load and an expense ratio of 0.5%. You can invest instead in a bank CD paying 3% interest. a. If you plan to invest for 5 years, what annual rate of return must the fund portfolio earn for you to be better off in the fund than in the CD? Assume annual compounding of returns. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. What annual rate of return must the fund portfolio earn if you plan to invest for 7 years to be better off in the fund than in the CD? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. Now suppose that instead of a front-end load the fund assesses a 12b-1 fee of .75% per year. What annual rate of return must the fund portfolio earn for you to be better off in the fund than in the CD 3) an electric wagon changes its speed at the average rate of 11.2 m/s2. how much time does it take to increase its speed from 79.4 m/s to 119.5 m/s? What caused the Civil War, and what happened during it? read this essay and identify the stand/reasons of the writer. use your learned skill in annotating a text. Follow the stes given to you. write your answers in your notebook.Step 1 identify the parts and write your comments on each at the sides of the article.STEP 2 bOX IN THE MAIN POINTS / cliam that you can find.Step 3 underline the reasons or pieces of evidence that support the claim.