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You are considering investing $ 8 2 0 in Higgs B . Technology Inc. You can buy common stock at $ 2 4 . 8
You are considering investing $ in Higgs B Technology Inc. You can buy common stock at $ per share; this stock pays no dividends. You can also buy a convertible bond$ par value that is currently trading at $ and has a conversion ratio of It pays $ per year in interest. If you expect the price of the stock to rise to $ per share in one year, which instrument should you purchase?
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