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Let's assume you purchase 967 convertible preference shares of PQ Corporation on 1 January 2023 at R89.71 per share. Each preferred share can be converted
Let's assume you purchase 967 convertible preference shares of PQ Corporation on 1 January 2023 at R89.71 per share. Each preferred share can be converted into 4 PQ Corporation common shares after 1 January 2024. What is the conversion price? Give your answer to 2 decimal places
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