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0. Convertible Bonds [LO6] The following facts apply to a convertible bond making semiannual payments 10. Convertible Bonds [L06] The following facts apply to a

0. Convertible Bonds [LO6] The following facts apply to a convertible bond making semiannual payments

10. Convertible Bonds [L06] The following facts apply to a convertible bond making semiannual payments: Conversion price Coupon rate Par value Yield on nonconvertible debentures of same quality Maturity Market price of stock $37hare 2.6% $1,000 25 years $34/share

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