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1) Assume that you had bought a convertible bond with a conversion ratio of 25. Now the stock of this firm is selling for $60.

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1) Assume that you had bought a convertible bond with a conversion ratio of 25. Now the stock of this firm is selling for $60. If you converted the bond to stock and sold the stocks, how much in gain would you get from the conversion. Starts at page tosi a) $400 B)$500 C )$600 D)$1000 E)$300 1) Assume that you had bought a convertible bond with a conversion ratio of 25. Now the stock of this firm is selling for $60. If you converted the bond to stock and sold the stocks, how much in gain would you get from the conversion. Starts at page tosi a) $400 B)$500 C )$600 D)$1000 E)$300

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