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10. Convertible Bonds [LO6] The following facts apply to a convertible bond making semiannual payments: a. What is the minimum price at which the convertible

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10. Convertible Bonds [LO6] The following facts apply to a convertible bond making semiannual payments: a. What is the minimum price at which the convertible should sell? b. What accounts for the premium of the market price of a convertible bond over the total market value of the common stock into which it can be converted

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