Identify the conversion price in Euros and U.S. dollars of Amazons convertible bond, as described in Chapter

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Identify the conversion price in Euros and U.S.

dollars of Amazon’s convertible bond, as described in Chapter 1’s opening vignette. Based on Amazon’s closing price of $80 a share in early, 2001, what was the bond’s conversion premium on that date? (Assume no change in the exchange rate from that given in the vignette.)

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Financial Markets And Corporate Strategy

ISBN: 9780077119027

1st Edition

Authors: David Hillier, Mark Grinblatt, Sheridan Titman

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