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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Related Book For
Principles Of Corporate Finance
ISBN: 9781264080946
14th Edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans
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