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31. When calculating debt to equity ratio: A) Convertible bonds should be treated as debt B) Convertible bonds should be excluded from debt but not

31. When calculating debt to equity ratio: A) Convertible bonds should be treated as debt B) Convertible bonds should be excluded from debt but not included in equity C) Convertible bonds should be treated as equity D) Half the convertible bonds should be treated as debt, and the other half as equity

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