Agawal, Inc., recently issued bonds with a conversion ratio of 15.2 and a par value of $1,000.
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Agawal, Inc., recently issued bonds with a conversion ratio of 15.2 and a par value of $1,000. If the stock price at the time of the bond issue was $46.34, what was the conversion premium?
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The conversion premium CP is the value above ...View the full answer
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Related Book For 
Corporate Finance
ISBN: 9781260772388
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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