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At the time of issuance, the issuer of a convertible security normally establishes a conversion price . equal to the current market price of the

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At the time of issuance, the issuer of a convertible security normally establishes a conversion price . equal to the current market price of the firms stock above the current book value of the firm's stock below the current book value of the firms stock above the current market price of the firm?s stock

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