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When the price of the firm's common stock ________ the conversion price, the market price of the convertible security will normally ________ to a level
When the price of the firm's common stock ________ the conversion price, the market price of the convertible security will normally ________ to a level close to its conversion value.
Answer falls below; rise | ||
rises above; fall | ||
rises above; rise | ||
equals; fall |
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