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A3P15 Part 1 Attempt 1/2 for 8.5 pts. Which of these effectively serves as a floor for the market price of a convertible bond? o

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A3P15

Part 1 Attempt 1/2 for 8.5 pts. Which of these effectively serves as a floor for the market price of a convertible bond? o The straight-debt value The lower of the straight-debt value and the conversion value The conversion value o The higher of the straight-debt value and the conversion value Submit N

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