20 Conversion Premium Citic Securities recently issued bonds with a face value of 100,000 renminbi and conversion

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20 Conversion Premium Citic Securities recently issued bonds with a face value of 100,000 renminbi and conversion ratio of 420. If the share price at the bond issue was 124 renminbi, what was the conversion premium?

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Corporate Finance

ISBN: 9781526848093

4th Edition

Authors: David Hillier

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Question Posted: Jul 19, 2024 05:04 PM

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20 Conversion Premium Citic Securities recently issued bonds with a face value of 100,000 renminbi and conversion

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Corporate Finance

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