In the October 26, 1992, prospectus summary of the Staples 5% convertible sub- ordinated debentures due 1999,
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In the October 26, 1992, prospectus summary of the Staples 5% convertible sub- ordinated debentures due 1999, the offering stated: "Convertible into Common Stock at a conversion price of $45 per share...." If the par value is $1,000, what is the conversion ratio?
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