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ABC has $1,000,000 outstanding convertible bonds. The bonds are convertible into 50,000 new shares of $10 par common stock. All bondholders exercise the conversion option
ABC has $1,000,000 outstanding convertible bonds. The bonds are convertible into 50,000 new shares of $10 par common stock. All bondholders exercise the conversion option on a day when the remaining unamortized discount is $30,000 and the stock price is $26 per share
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Financial Management EMEA Theory And Practice
Authors: Michael Ehrhardt, Roland Fox, Eugene Brigham
2nd Edition
1473760216, 9781473760219
