A A $1,000 par convertible debenture has a conversion price for common stock of $18 per...
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A 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? Input Area: Par value Conversion price Common stock price $1,000 $18 $25 0 (Use cells A6 to B8 from the given information to complete this question.) 1 2 Output Area: 3 4 Conversion ratio 15 Conversion value 16 17 18 Office 19 Students: The scratchpad area is for you to do any additional work you need to solve th 20 Nothing in this area will be graded, but it will be submitted with your assignment. 21 22 A 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? Input Area: Par value Conversion price Common stock price $1,000 $18 $25 0 (Use cells A6 to B8 from the given information to complete this question.) 1 2 Output Area: 3 4 Conversion ratio 15 Conversion value 16 17 18 Office 19 Students: The scratchpad area is for you to do any additional work you need to solve th 20 Nothing in this area will be graded, but it will be submitted with your assignment. 21 22
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