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Question 5 (1.5 points) What is the value of the conversion option for a convertible bond with a floor value of $ 1,252.24 and a

Question 5 (1.5 points) What is the value of the conversion option for a convertible bond with a floor value of $ 1,252.24 and a market value of $ 1,254.24?

Options $ 2.00 $ 0 $ 4.00 $ 5.00 $ 3.00

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