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Business, 18.12.2019 02:31 qwerty9951

Aholder of rainbow funds convertible bonds with a $1,000 par and a $1,100 price can convert the bond to 25 shares of common stock. the stock is currently priced at $36 per share. by what percent does the stock price have to rise to make conversion potentially attractive?

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Aholder of rainbow funds convertible bonds with a $1,000 par and a $1,100 price can convert the bond...
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