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What is the market conversion premium per share of a bond with a conversion price of $0.60 when the stock is currently priced at $30

What is the market conversion premium per share of a bond with a conversion price of $0.60 when the stock is currently priced at $30 and the bondholder should ________:1. A. $29.40, convert the bonds to stock B. $29.40, hold the bonds C. $5.00, convert the bonds to stock D. $5.00, hold the bonds

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