Calculate the conversion price and conversion value of the convertible bonds given the following: selling price $95;

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Calculate the conversion price and conversion value of the convertible bonds given the following: selling price $95; each bond is convertible into four common shares; current common share price $40. Will the convertible bonds be converted?

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Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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Question Posted: Feb 25, 2015 09:57 AM

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Calculate the conversion price and conversion value of the convertible bonds given the following: selling price $95;

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Introduction To Corporate Finance

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