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26) A 10% convertible bond has a conversion ratio of 25. The firm's common stock is currently selling at $35. If the bond is

26) A 10% convertible bond has a conversion ratio of 25. The firm's common stock is currently selling at $35. If the bond is about to mature, what is its value? A. $875 B. $1,000 C. $1,125 D. $1,875

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