A convertible bond has a conversion ratio of 100. If the shares are currently priced at 9.20,

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A convertible bond has a conversion ratio of 100. If the shares are currently priced at £9.20, what is the conversion value of the bond?

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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Question Posted: Feb 22, 2024 03:02 AM

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A convertible bond has a conversion ratio of 100. If the shares are currently priced at 9.20,

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Calculation of Conversion Value of a Convertible Bond To calculate the conversion ...View the full answer

Corporate Finance

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