A convertible bond has a ($1,000) face value and a conversion ratio of 80. If the stock

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A convertible bond has a $$1,000$ face value and a conversion ratio of 80. If the stock sells for $$10$ per share, what is the conversion value?

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Fundamentals Of Investments

ISBN: 9780072829198

3rd Edition

Authors: Charles J. Corrado

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Question Posted: May 30, 2024 10:02 AM

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A convertible bond has a ($1,000) face value and a conversion ratio of 80. If the stock

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Fundamentals Of Investments

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