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Other Fields Homework Help Finance Topic started by: violin13 on Jul 7, 2019



Title: A bond has a face value of $10,000 and a conversion ratio of 560. The stock is currently trading at ...
Post by: violin13 on Jul 7, 2019
A bond has a face value of $10,000 and a conversion ratio of 560. The stock is currently trading at $16.30. What is the conversion price?

▸ $56.00

▸ $6.13

▸ $17.86

▸ $16.30


Title: A bond has a face value of $10,000 and a conversion ratio of 560. The stock is currently trading at ...
Post by: christinaalex on Jul 7, 2019
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Title: A bond has a face value of $10,000 and a conversion ratio of 560. The stock is currently trading at ...
Post by: violin13 on Jul 7, 2019
Thanks for your help!