Dividends Sharing Convertible Bonds Pricing and Numerical Evaluation

Table 3

The price of convertible bond with higher borrowing rate.

Stock price	Dividend rate
	𝑑1=0.000	𝑑2=0.005	𝑑3=0.010	𝑑4=0.016
52.00	297.0862	288.5835	281.1576	273.7534
52.25	297.9239	289.3795	281.9206	274.4878
52.50	298.7629	290.1769	282.6853	275.2241
52.75	299.6033	290.9758	283.4515	275.9623
53.00	300.4450	291.7761	284.2194	276.7023
53.25	301.2880	292.5778	284.9889	277.4442
53.50	302.1323	293.3810	285.7600	278.1880
53.75	302.9779	294.1856	286.5326	278.9335
54.00	303.8248	294.9916	287.3069	279.6810