d. Compute Isabelle's book value per share at December 31. 2001, assuming conversion of the convertible debt
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d. Compute Isabelle's book value per share at December 31. 2001, assuming conversion of the convertible debt and pre- ferred shares into common shares, as well as exercise of all options.
e. Explain why the diluted calculations (parts b and
d) provide. per-share amounts that are most suitable for valuation than the amounts calculated in parts a and c.
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Related Book For 
The Analysis And Use Of Financial Statements
ISBN: 9780471375944
3rd Edition
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
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