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A 12% coupon bond has 20 years to maturity when market rates on similar non-convertible bonds are 9.25%. It is convertible into 20 common shares
A 12% coupon bond has 20 years to maturity when market rates on similar non-convertible bonds are 9.25%. It is convertible into 20 common shares and has a $1,000 par value. The shares are currently ...
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