1. Premium. The market price of Harris Corporation stock is $45. Its exercise price is similarly $45. Will the stock warrant sell at a premium? 2. Bond to Common Shares. The conversion price of common...

1. Premium. The market price of Harris Corporation stock is $45. Its exercise price is similarly $45. Will the stock warrant sell at a premium?

2. Bond to Common Shares. The conversion price of common stock is $20 a share. Into how many shares will a $1,000 convertible bond be converted?