smartpants

@jmhatlanta
From what I've seen they have been giving convertible debt at par. IMO, I don't think they would try and be this tricky on a question that is focusing on diluted EPS. I'd just be adding (interest payment)(1-t) back to NI. Make sure it is dilutive and decreases EPS because I could see them throwing that curve ball.

@lincfucious
Interest expense = BV at beginning of period * YTM
Interest expense differs from interest coupon when you have discount/premium bonds.

Interest coupon = Face value * coupon rate.