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Question 6 Based on the following information regarding a convertible bond, calculate the market conversion price. Convertible bond price 1,100.0 Not yet answered 1,000.0 Points

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Question 6 Based on the following information regarding a convertible bond, calculate the market conversion price. Convertible bond price 1,100.0 Not yet answered 1,000.0 Points out of 1.00 Convertible bond par value Equivalent non-convertible price (per $1000 NV) 900.0 P Flag question Conversion ratio 100.0 Current stock price 60.0 Select one: 60.0 9.8 11.0 10.0

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