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Which of the following statements regarding convertible bonds is most accurate? The conversion ratio times the conversion price equals the par value of the bond.

Which of the following statements regarding convertible bonds is most accurate?

The conversion ratio times the conversion price equals the par value of the bond.

The conversion premium equals the conversion price minus the current stock price.

The conversion price equals the market price of the convertible bond divided by the conversion ratio.

All of the above are correct.

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