20. Convertible bonds (S25.2) Iota Microsystems 10% convertible is about to mature. The conversion ratio is 27.

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20. Convertible bonds (S25.2) Iota Microsystems’ 10% convertible is about to mature. The conversion ratio is 27.

a. What is the conversion price?

b. The stock price is $47. What is the conversion value?

c. Should you convert?

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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Question Posted: Jul 31, 2024 08:03 AM

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20. Convertible bonds (S25.2) Iota Microsystems 10% convertible is about to mature. The conversion ratio is 27.

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Principles Of Corporate Finance

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