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4. On January 1, 2020, Teal Company issued 10-year, $1,880,000 face value, 6% bonds, at par. Each $1,000 bond is convertible into 16 shares of

4. On January 1, 2020, Teal Company issued 10-year, $1,880,000 face value, 6% bonds, at par. Each $1,000 bond is convertible into 16 shares of Teal common stock. Teal's net income in 2020 was...

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