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  • 25-12-2020
  • Business
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A convertible bond has a par value of $1,000, but its current market price is $950. The current price of the issuing company's stock is $19, and the conversion ratio is 40 shares. The bond's conversion premium is

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divyasangineni1
divyasangineni1 divyasangineni1
  • 25-12-2020

Answer:

2009

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