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You are valuing an industrial firm whose enterprise value is $10.o billion. The company has no straight debt but does have 100,000 convertible bonds outstanding.

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You are valuing an industrial firm whose enterprise value is $10.o billion. The company has no straight debt but does have 100,000 convertible bonds outstanding. The market value of each bond is $1,150. If the company has 500 million shares outstanding, what is the company's equity value and value per share using (a) the market value approach and (b) the conversion value approach

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