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Calculate the market price formula (MPF) prices for an offering involving an existing conversion price of $1, a hypothesized market price of $2, and a

Calculate the market price formula (MPF) prices for an offering involving an existing conversion price of $1, a hypothesized market price of $2, and a new offering price of $.95 for 1,000 shares with 2,000 shares outstanding prior to the new issue.

A. $0.825

B. $0.9833

C. $0.5

D. $1.1

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