A wave editor would be a better way to process a conversion. So far the best I've used was Sony Sound Forge for this. Wave Labs noise reduction isn't very good. Sonar is not a wave editor and the last software I would use for this.
You could try Audacity which is free and it will share your Sonar plug ins.
Also Try different Dolby settings. Dolby has an effect on hi frequency content and some decks had up to 3 different modes.
Then There was that other one?? DBX?? can't remeber that's 20 years ago.