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A $1,000 par value bond with a conversion price of $38 has a conversion ratio of (Round your answer to 2 decimal places.) 15.26 shares

A $1,000 par value bond with a conversion price of $38 has a conversion ratio of (Round your answer to 2 decimal places.) 15.26 shares 26.32 shares 16.09 shares 36.65 shares

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