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Compute the conversion value and the conversion premium for the following bond: GM stock sold yesterday for $34.50. A GM $1000 bond with a 20
Compute the conversion value and the conversion premium for the following bond:
GM stock sold yesterday for $34.50. A GM $1000 bond with a 20 to one conversion ratio sells for $900.
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
14th Edition
0357516664, 978-0357516669
