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This problem is given from Introduction to financial management by Charles P. Jones Sartoris and company has an issue of SIOO par value convertible preferred
This problem is given from Introduction to financial management by Charles P. Jones
Sartoris and company has an issue of SIOO par value convertible preferred stock outstanding. Determine the conversion price, conversion value and percentage conversion premium for this issue under the following conditions: A B c D Conversion ratio 10/1 10/1 4/1 1/1 Common stock price $20 5 30 85 Preferred stock price $225 51 140 87
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