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QUESTION
Fogel Co. has $2,500,000 of 8% convertible bonds outstanding. Each $1,000 bond is convertible into 30 shares of $30 par value ordinary shares.
Fogel Co. has $2,500,000 of 8% convertible bonds outstanding.
Each $1,000 bond is convertible into 30 shares of $30 par value ordinary shares.
