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Assume that for the next two weeks, the bondholders of Western Markets have the option of exchanging their bonds for common shares of the firm's

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Assume that for the next two weeks, the bondholders of Western Markets have the option of exchanging their bonds for common shares of the firm's stock. As a result of these exchanges, you should expect the firm's debt-equity ratio to: Multiple Choice decline and the stock's price to remain constant. increase and the stock's price to increase. decline and the stock's price to increase. Lesson 10 Quiz decline and the stock's price to also decline. O increase and the stock's price to remain constant

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