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Score: 0 of 1 pt 15 of 16 (2 complete) HW Score: 10.94%, 1.75 of 16 pts P 15-15 (similar to) Question Help You are

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Score: 0 of 1 pt 15 of 16 (2 complete) HW Score: 10.94%, 1.75 of 16 pts P 15-15 (similar to) Question Help You are thinking about buying Dovia Co.'s convertible bonds. You plan to convert to equity at the end of the year and you think that Davia's common equity will be priced at $38 per share at that point. What conversion ratio should Dovia's bonds have in order for you to expect to be able to convert them at the end of the you? The conversion ratio should be: (Select the best choice below) . Conversion Ratio $38 Cost of Conversion Cost of Conversion $38 . Conversion Ratio . Conversion Ratio Cost of Conversion - $38 $38 OD. Conversion Ratio = Cost of Conversion x $38 orrec

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