A convertible bond has a conversion price of $61.50. What is the conversion ratio of the bond?

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Corporate Finance

ISBN: 978-0077861759

10th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Question Posted: Aug 28, 2014 10:29 AM

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A convertible bond has a conversion price of $61.50. What is the conversion ratio of the bond?

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Corporate Finance

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