2. 9. Calculating conversion value [LO 24.6] A $1 000 par convertible bond has a conversion price...

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2. 9.

Calculating conversion value [LO 24.6] A $1 000 par convertible bond has a conversion price for ordinary shares of $27 per share. With the ordinary shares selling at $31, what is the conversion value of the bond?

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Fundamentals Of Corporate Finance

ISBN: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

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