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You have the following information about a convertible bond that is currently selling for $ 1,254.24 in the market. Coupons are paid semi-annually. Conversion price
You have the following information about a convertible bond that is currently selling for $ 1,254.24 in the market. Coupons are paid semi-annually. Conversion price Semi-annual coupon rate Nominal value Half-yearly return Deadline Current share price $ 20 / share 7% $1,000 5% 20 semesters $ 22.5 Calculate the standard value of this bond
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