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A convertible bond of Astral Inc. is issued with $1,000 of face value, a coupon payment of 8.0% and a conversion ratio of 30. A

A convertible bond of Astral Inc. is issued with $1,000 of face value, a coupon payment of 8.0% and a conversion ratio of 30. A share of Astral Inc. is currently valued at $43.85. The conversion value is...

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