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A 13-year maturity convertible bond with a 6% annual coupon on a company with a bond rating of AAA is selling for $1,045. Each bond

A 13-year maturity convertible bond with a 6% annual coupon on a company with a bond rating of AAA is selling for $1,045. Each bond can be exchanged for 50 shares, and the stock price currently is $20...

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