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Question 4 5 pts The holders of Looper Industries bond with a face value of $1,000 can exchange that bond for 20 shares of stock.

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Question 4 5 pts The holders of Looper Industries bond with a face value of $1,000 can exchange that bond for 20 shares of stock. The stock is selling for $35.00. What would the conversion price and conversion ratio be if Looper Industries had a 4 for 1 stock split? $15.0; 80 $15.0: 120 $12.5; 80 $12.5: 120 @ None of the others. Next >

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