2. Xenix Inc. issued $100 million of 10-year coupon convertible bonds. For every $1.000 of face value of the bond, the h

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2 Xenix Inc Issued 100 Million Of 10 Year Coupon Convertible Bonds For Every 1 000 Of Face Value Of The Bond The H 1 (21.85 KiB) Viewed 81 times

2. Xenix Inc. issued $100 million of 10-year coupon convertible bonds. For every $1.000 of face value of the bond, the holder was entitled to 25 shares of the company's common stock. It was determined that a pure bond with maturity and Fax Lutaxta "fisk profile similar to the convertible bond would have an effective interest of 8% See and a coupon rate of 5%. The proceeds from the issue were $95.5 million Extra Lato Determine 94 (a) The amounts allocated to liability (long-term debt) and shareholders' equity (5%) +]zpoxc 6 The discount on the bond. You can ignore tax effects. (5%) TC-000011) -2X