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A convertible bond has a face value of $1,000, a market value of $987, and can be converted into 24 shares of stock. What is
A convertible bond has a face value of $1,000, a market value of $987, and can be converted into 24 shares of stock. What is the conversion price? 0 $31.67 0 $41.98 O $41.43 $41.67 0 $54.67
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