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6. Which of the following two sets of relationships at the time of issuance for convertible bonds is more realistic? Why? Bond ABond B $800

6. Which of the following two sets of relationships at the time of issuance for convertible bonds is more realistic? Why? Bond ABond B $800 $1,000 Bond Value (Straight debt) 800 $950 $1,000 $900 Bond Offering Price Conversion value

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