Exhibit 14-8 USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)

question 87

Multiple Choice

Exhibit 14-8
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)
Exclusive Industries has debentures outstanding (par value $1,000.00) convertible into exclusive's common stock at $30. The coupon rate is 11% payable semiannually and they mature in 10 years.
-Refer to Exhibit 14-8. Calculate the conversion value if the stock price is $24.00 par share.

• A) $600.00
• B) $700.00
• C) $800.00
• D) $900.00
• E) $1,000.00

---

Definitions:

Win-Win Attitude

An approach or mindset focused on finding solutions or agreements beneficial to all parties involved in a negotiation or conflict.

Conflict Resolution Technique

encompasses the various methods employed to address, manage, and resolve disputes or disagreements between parties.

Added Value Negotiating

A negotiation technique stressing the creation of additional value in agreements, benefiting all parties involved.

BATNAs

Best Alternative to a Negotiated Agreement, the option that a negotiator would take if the current negotiations fail and an agreement cannot be reached.