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A bond with a face value of $1,000 can be converted into 33 shares of stock. What is the conversion value if the stock is
A bond with a face value of $1,000 can be converted into 33 shares of stock. What is the conversion value if the stock is selling for $29.80 a share?
$1,000 | ||
$33.33 | ||
$0 | ||
$983.40 | ||
$30.30
|
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