If you own a $1,000 face value bond selling for $1,500 and convertible into 100 shares of
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If you own a $1,000 face value bond selling for $1,500 and convertible into 100 shares of stock selling for $13, then ceteris paribus, with no change in the stock price, the lowest the bond price could fall to is?
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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