25. Iota Microsystems 10% convertible is about to mature. The conversion ratio is 27. a. What is...

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25. 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  book-img-for-question

Principles Of Corporate Finance

ISBN: 9780071314176

10th Global Edition

Authors: Richard Brealey

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