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10. On January 1, 2021, Holiday issued $10,000,000, 12%, 5 year bonds at 98. Each bond is convertible into 300 shares of common stock. As

10. On January 1, 2021, Holiday issued $10,000,000, 12%, 5 year bonds at 98. Each bond is convertible into 300 shares of common stock. As of the end of 2021, none of the bonds had been converted.

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