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??????? Pharoah Corp. offers three-year, 6% convertible bonds (par $940). Each $940 bond may be converted into 205 common shares, which are currently trading at
??????? Pharoah Corp. offers three-year, 6\% convertible bonds (par \$940). Each \$940 bond may be converted into 205 common shares, which are currently trading at \( \$ 3 \) per share. Similar straight bonds 2 answers
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