=+e. If AMD had attempted to issue nonconvertible bonds, the company would have had to pay an
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=+e. If AMD had attempted to issue nonconvertible bonds, the company would have had to pay an interest rate of 3.5%. What was the straight bond value of AMD’s convertible bonds when they were issued? (For simplicity, assume annual interest payments.)
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Principles Of Managerial Finance
ISBN: 9781292261515
15th Global Edition
Authors: Chad J. Zutter, Scott Smart
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