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A 1 0 - year convertible bond has a coupon rate of 5 % and the yield to maturity is 3 % can be converted
A year convertible bond has a coupon rate of and the yield to maturity is can be converted into shares of stock. Current stock price is $ and it is expected to grow at per year. Approximately, when this convertible bond will most likely be converted into shares of common stock? Please support your answers with calculations
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