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On January 1, 2020, Slug Corporation issued $6 million of 8%,10-year convertible bonds at 102. The bonds pay interest on June 30and December 31. Each

On January 1, 2020, Slug Corporation issued $6 million of 8%,10-year convertible bonds at 102. The bonds pay interest on June 30and December 31. Each $1,000 bond is convertible into 40 shares of$1 1 answer

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