The Next 4 Problems Must Be Kept Together; All Use

The next 4 problems must be kept together; all use the data in Exhibit 20.1.
​Exhibit 20.1

-Refer to Exhibit 20.1.What is the bond's initial conversion value when issued?

A) $698.15
B) $734.89
C) $773.57
D) $814.29
E) $857.14