=+a. A bond of A$1,000 par value that is convertible into 10 shares of common stock. The
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=+a. A bond of A$1,000 par value that is convertible into 10 shares of common stock.
The common stock is currently selling for A$25 per share.
b. A bond of A$1,000 par value that is convertible into 17.5 shares of common stock. The common stock is currently selling for A$20 per share.
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Related Book For 
Principles Of Managerial Finance
ISBN: 9781292261515
15th Global Edition
Authors: Chad J. Zutter, Scott Smart
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