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Please Complete the Following: To receive full credit you must show your work to include formula. How many Shares can the Company issue? 1. Convertible
Please Complete the Following: To receive full credit you must show your work to include formula.
How many Shares can the Company issue?
1. Convertible Bonds Par Value = $2698; Conversion Price, Pc = $17
2. Convertible Bonds Par Value = $1,056,256.120; Conversion Price, Pc = $11.32
Using the information above what would be the value of the bond in conversion
Stock Price $32.75
Stock Price $69.33
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