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Convertible debt sells for: The same price as comparable non-convertible debt Less than either comparable non-convertible debt or the price of the shares it can

  1. Convertible debt sells for:
    1. The same price as comparable non-convertible debt
    2. Less than either comparable non-convertible debt or the price of the shares it can be converted into
    3. More than either comparable non-convertible debt or the price of the shares it can be converted into
    4. The price of the shares it can be converted into

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