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A convertible bond that can be converted into 50 shares of common stock and the common stock price is $30 then the bond most likely

A convertible bond that can be converted into 50 shares of common stock and the common stock price is $30 then the bond most likely sells above $1200.

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If the R square (coefficient of determination) = .94 this means that the portfolio is well diversified and thus has eliminated almost all unique risk.

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