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Question 13 1p You are interested in purchasing a bond that has a face value of $10,000 and a conversion price of $31.30. The stock

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Question 13 1p You are interested in purchasing a bond that has a face value of $10,000 and a conversion price of $31.30. The stock is currently trading at $36.91. What is the conversion ratio? Round your answer to 1 decimal place

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