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On January 1, 2020, Indigo Company issued 10-year, $1,900,000 face value, 6% bonds, at par. Each $1,000 bond is convertible into 14 shares of Indigo

On January 1, 2020, Indigo Company issued 10-year, $1,900,000 face value, 6% bonds, at par. Each $1,000 bond is convertible into 14 shares of Indigo common stock. Indigo's net income in 2020 was $...

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