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Ashton Long, a bond analyst, is analyzing a convertible bond. The characteristics of the bond are given below. Compute the bond's conversion value and conversion

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Ashton Long, a bond analyst, is analyzing a convertible bond. The characteristics of the bond are given below. Compute the bond's conversion value and conversion price. (Round your conversion price to 2 decimal places. Ashton Long, a bond analyst, is analyzing a convertible bond. The characteristics of the bond are given below. Compute the bond's conversion value and conversion price. (Round your conversion price to 2 decimal places

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