Question: 5 5 Multiple Choise 1 . 5 points A convertible bond has a par value of $ 1 , 0 0 0 , but its

55
Multiple Choise
1.5 points
A convertible bond has a par value of $1,000, but its current market price is $950. The current price of the issuling company/s stock is $19, and the corrversion ratio is 40 shares. The bond's conversion premium is
$200
$190
$240
$50
ear my selection
5 5 Multiple Choise 1 . 5 points A convertible

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