Question: A $1,000 par convertible debenture has a conversion price for common stock of $95 per share. With the common stock selling at $110, what is
A $1,000 par convertible debenture has a conversion price for common stock of $95 per share. With the common stock selling at $110, what is the conversion value of the bond? Multiple Choice $1,123.16 O $1,215.79 O $1,157.89 $1,192.63 $1,000.00
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