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Business, 23.08.2019 03:10 skent1423

Acorporation has issued 10%, $1,000 par convertible debentures, convertible at $40. the common stock is currently trading at $45. if the bond and the common are trading at parity, a customer purchasing 5m of the bonds will pay: a $4,950 b $5,000 c $5,625 d $6,550

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Acorporation has issued 10%, $1,000 par convertible debentures, convertible at $40. the common stock...
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