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Question 5 2 pts Billy Goat purchases a convertible bond for $1100 with a par value of $1000. He can convert the bond into 25
Question 5 2 pts Billy Goat purchases a convertible bond for $1100 with a par value of $1000. He can convert the bond into 25 shares of common stock which are currently selling for $35 a share. What is the bonds conversion premium? O $75 o $100 $125 O $225
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