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Suresh Singh, CFA, is analyzing a convertible bond. The characteristics of the bond and the underlying common stock are given in the nearby table. Compute

image text in transcribedimage text in transcribedimage text in transcribed Suresh Singh, CFA, is analyzing a convertible bond. The characteristics of the bond and the underlying common stock are given in the nearby table. Compute the bond's conversion value (round to dollar and no comma in your answer) Continued: what is the bond's market conversion price (round to dollar)? Currently, Which of the two values mainly determine the convertible bond's price? conversion value straight debt vlaue

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