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Exercise 14-26 (Static) Convertible bonds; induced conversion[LO14-5]On January 1, 2024, Madison Products issued $40 million of 6%,10-year convertible bonds at a net price of $40.8

Exercise 14-26 (Static) Convertible bonds; induced conversion[LO14-5]On January 1, 2024, Madison Products issued $40 million of 6%,10-year convertible bonds at a net price of $40.8 million.Madison 2 answers

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