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Given the following information concerning a convertible bond: . Principal: $1,000 . Coupon: 5 percent . Maturity: 12 years . Call price: $1,050 . Conversion

Given the following information concerning a convertible bond: . Principal: $1,000 . Coupon: 5 percent . Maturity: 12 years . Call price: $1,050 . Conversion price: $38 (that is, 26 shares) . Market p...

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