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Enable Editing 15 corected View A convertible bond currently sells for $750. The bond can be converted into 10 common shares each currently trading for

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Enable Editing 15 corected View A convertible bond currently sells for $750. The bond can be converted into 10 common shares each currently trading for $100. Holding everything constant, should you convert? No, because you will lose $250. B. No, because you will lose $750. C. Yes, because you will gain $250. Yes, because you will gain $150. A. D. 16. A zero-coupon bond can be purchased for $600 today. After 30 years the bond will pay $1,000 What annual rate of return does the bond promise today? A 1.17% B. 1.72% 1 1.99% D. 17.77% E. None of the above

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