Jim has a convertible bond valued at $900 with a conversation ratio of 30 each The price of the stock is $ 40 a What is the conversion value of her bond b Should she convert

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Jim has a convertible bond valued at $900 with a conversation ratio of 30 each. The price of the stock is @ $ 40. a.

Jim has a convertible bond valued at $900 with a conversation ratio of 30 each. The price of the stock is @ $ 40. a. What is the conversion value of her bond? b. Should she convert?

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