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An investor owns a convertible bond with a par value of $ 1 , 0 0 0 that trades for $ 9 2 5 .

An investor owns a convertible bond with a par value of $1,000 that trades for $925. The bond is convertible into 50 shares of XYZ stock. The current market price of XYZ stock is 17.50 per share. The bonds conversion premium is closest to:
$0.
$76.
$50.
$125.

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