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Assume a bond had a conversion price of $ 4 0 and a conversion ratio of 2 5 . What would be the conversion ratio

Assume a bond had a conversion price of $40 and a conversion ratio of 25. What would be the conversion ratio and conversion price if the bond issuer declared a stock split of 4-for-1?
Multiple Choice
6.25; $160
100; $25
25; $40
2.50; $400
100; $10

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