Question
B&O Railroad's convertible debentures were issued at the $1000 par value in 2002. At any time prior to their maturity on Feb. 1, 2022, a
B&O Railroad's convertible debentures were issued at the $1000 par value in 2002. At any time prior to their maturity on Feb. 1, 2022, a debenture holder can exchange a bond for 25 shares of common stock. What is the conversion price. Must show work.
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Finance For Housing An Introduction
Authors: Cathy Davis
1st Edition
1447306481, 978-1447306481
