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. Problem 15-02 Given the following information concerning a convertible bond: - Coupon: 5 percent ($50 per $1,000 bond) - Exercise price: $27 - Maturity

. Problem 15-02 Given the following information concerning a convertible bond: - Coupon: 5 percent ($50 per $1,000 bond) - Exercise price: $27 - Maturity date: 20 years - Call price: $1,040 - Price ...

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