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Business, 04.07.2020 16:01 neriah30

The conversion price of a convertible debenture is set at issuance at $50 per share. The common stock is now trading at 46 while the bond is trading at 110. If the bond drops 20% from its current market value, the new parity price of the common stock will be:

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The conversion price of a convertible debenture is set at issuance at $50 per share. The common stoc...
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