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Hura Corp. Has 500 convertible bonds outstanding. the bonds have a coupon rate of 5.5%, seven years to maturity and are currently priced at &1,250.

Hura Corp. Has 500 convertible bonds outstanding. the bonds have a coupon rate of 5.5%, seven years to maturity and are currently priced at &1,250. The bonds have a conversion ratio of 25 and Hura Corp.'s common stock is currently priced at $52.35 per share. How much would you make per share (in $) by converting these bonds?

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