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A bond has a face value of $10,000 and a conversion price of $17.86. The stock is currently trading at $16.30. What is the conversion

A bond has a face value of $10,000 and a conversion price of $17.86. The stock is currently trading at $16.30. What is the conversion ratio? OA. 487 B. 500 o O C. 614 D. 560 E. 330

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