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A corporation has issued 1 0 % convertible debentures, convertible into 4 0 shares of common stock. The current market price of the common stock

A corporation has issued 10% convertible debentures, convertible into 40 shares of common stock. The current market price of the common stock is
$25.25. If the bonds are trading at parity, they are priced at:
A 100
101
106
107
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