A convertible bond with a par value of $1,000 has a conversion price of $27.35. What is

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A convertible bond with a par value of $1,000 has a conversion price of $27.35. What is the conversion ratio of the bond?

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Corporate Finance

ISBN: 9781260772388

13th Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Question Posted: Nov 14, 2022 03:16 AM

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A convertible bond with a par value of $1,000 has a conversion price of $27.35. What is

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Corporate Finance

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