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Market price of convertible bonds100 norminal value of 8% convertible bonds can be converted infour years to 25 shares or redeemed at a premium of

Market price of convertible bondsÂ£100 norminal value of 8% convertible bonds can be converted infour years to 25 shares or redeemed at a premium of 15%. Thecurrent share price is Â£4.75 and divid 2 answers

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