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When does bond conversion at the issuer's option become attractive to an investor? Group of answer choices when the market price of the shares rises

When does bond conversion at the issuer's option become attractive to an investor?

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when the market price of the shares rises above the conversion price

when the market price of the shares falls below the conversion price

when the market price of the shares rises above the share book value

when the market price of the share falls below the share book value

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