Question
A convertible bond's price is $1,100. The current price of the underlying stock is $40 per share. What is the market conversion premium per share
A convertible bond's price is $1,100. The current price of the underlying stock is $40 per share. What is the market conversion premium per share if the conversion ratio is 25?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
