You own a bond with a face value of $1000 and a conversion ratio of 425. What
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You own a bond with a face value of $1000 and a conversion ratio of 425. What is the conversion price?
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To calculate the conversion price of a bond you divide the face valu...View the full answer
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292437156
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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You own a bond with a face value of $10,000 and a conversion ratio of 450. What is the conversion price?
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