Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
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.