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A $1,000 par value bond with a conversion price of $20. What is conversion ratio of the bond? A. $50. B. $20. C. 50 shares.
A $1,000 par value bond with a conversion price of $20. What is conversion ratio of the bond? A. $50. B. $20. C. 50 shares. D. 20 shares.
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Financial Management Principles And Practices
Authors: Timothy J. Gallagher
9th Edition
1954156103, 978-1954156104
