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wrote...
Posts: 202
A month ago
A bond has a face value of $100 and a conversion ratio of 28. What is the conversion price?

▸ $0.28

▸ $2.80

▸ $28.00

▸ $3.57
Textbook 
Fundamentals of Corporate Finance
Edition: 2nd
Authors:
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A month ago
$3.57
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