Whiston Securities recently issued convertible bonds with a $1,000 par value. The bonds have a conversion price

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Whiston Securities recently issued convertible bonds with a $1,000 par value. The bonds have a conversion price of $20 per share. What is the bonds’ conversion ratio, CR?

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Fundamentals of Financial Management

ISBN: 978-1337395250

15th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Question Posted: Jan 08, 2019 11:56 AM

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Whiston Securities recently issued convertible bonds with a $1,000 par value. The bonds have a conversion price

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Fundamentals of Financial Management

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