[Solved] A bond that is currently selling for $939

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A bond that is currently selling for $939.39 has a conversion price of $31.25. If the par value is $1,000, what is the conversion ratio?

A bond that is currently selling for $939.39 has a conversion price of $31.25. If the par value is $1,000, what is the conversion ratio? 32 34 33 30 31

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