Question: Exercise 16-25 Your answer is incorrect. Try again. On January 1, 2012, Lindsey Company issued 10-year, $3,056,000 face value, 6% bonds, at par. Each $1,000

Exercise 16-25 Your answer is incorrect. Try again. On January 1, 2012, Lindsey Company issued 10-year, $3,056,000 face value, 6% bonds, at par. Each $1,000 bond is convertible into 21 shares of Lindsey common stock. Lindsey

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