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Question 14 1 pts A convertible bond has a par value of $1,000, but its current market price is $950. The current price of

Question 14 1 pts A convertible bond has a par value of $1,000, but its current market price is $950. The current price of the issuing company's stock is $40, and the conversion ratio is 25 shares. What is the bond's conversion premium? O-$50 -$75 O $50 O $75

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