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wrote...
11 months ago
The conversion option attached to convertible bonds, which have a floating conversion price
per share, has an intrinsic value which is based on the fair market value of the shares at the time.
[True or False?]
Textbook 

Intermediate Accounting, Volume 2

Edition: 5th
Authors:
Read 15 times
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Answer verified by a subject expert
wrote...
Posts: 229
11 months ago
Sign in or Sign up in seconds to unlock everything.
 FALSE
1
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Stevea26
wrote...
11 months ago
Appreciate the effort, thank you!
wrote...
11 months ago
You're very welcome ... please mark the topic solved when you get a chance
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