Question: Bindal Capital has issue a convertible bond. The ( $ 1,000 ) face bond can be converted into 20 shares of common stock. Find the
Bindal Capital has issue a convertible bond. The \\( \\$ 1,000 \\) face bond can be converted into 20 shares of common stock. Find the value of the conversion feature if the stock is trading at \\( \\$ 44 \\). Your
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