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A bond is convertible into common stock for $20. If the company announces a 10% stock dividend, what is the new conversion price? $18.00 $22.22
A bond is convertible into common stock for $20. If the company announces a 10% stock dividend, what is the new conversion price?
$18.00
$22.22
$33.33
$18.18
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Cost Benefit Analysis
Authors: Harry F. Campbell, Richard P.C. Brown
3rd Edition
1032320753, 9781032320755
