Question: A $ 1 , 0 0 0 par convertible debenture has a conversion price for common stock of $ 1 8 per share. With the

A $1,000 par convertible debenture has a conversion price for common stock of $18 per share. With the common stock selling at $25, what is the conversion value of the bond?
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A $1,000 par convertible debenture has a conversion price for common

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