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NEW QUESTION: 1
Steel Dynamics (STLD) has a convertible bond issue that matures in four years. The bond has a face value of $1,000 and pays a coupon of 5.125%, with interest paid semiannually. The conversion ratio is
56.9801. If the stock of Steel Dynamics is currently priced at $15 a share, what is the conversion value of this bond, to the nearest cent?
A. $854.70
B. $569.80
C. $175.50
D. Until it matures, the conversion value of the bond is equal to its face value of $1,000
Answer: A
Explanation:
Explanation/Reference:
Explanation: The conversion value of this bond $854.70. It is equal to its conversion ratio of 56.9801 times the current market price of its stock, $15. Thus, 56.9801 x $15 = $854.70.

NEW QUESTION: 2
What are some functions of the query monitor?
A. Regenerate BW queries.
B. Change BW query definitions.
C. Delete BW queries.
D. Test and check for BW queries.
E. Change performance-relevant BW query properties.
F. View technical information about BW queries.
G. Check and monitor performance.
Answer: A,D,E,F,G

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