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QUESTION
Please briefly explain..Suppose a bond has a par value $1000 and a market value of $1100.It is convertible into 40 shares of stocks and the current
Please briefly explain..Suppose a bond has a par value $1000 and a market value of $1100. It is convertible into 40 shares of stocks and the current stock price $26.
What is the conversion ratio?
What is the conversion price?
What is the conversion value?
