Hello guys, could please help me to solve the questions below? 1) If a $1,000 convertible bond

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Hello guys, could please help me to solve the questions below?

1) If a $1,000 convertible bond has a conversion ratio of 50 and the firm's equity is currently selling for $22 per share, then the:

a) Bond should trade for at least $900

b) Bond should trade for at least $1,100

c) Firm will have already converted the bond

d) Bond should trade for at least $1,000

Posted Date: May 19, 2024 12:08 AM

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Hello guys, could please help me to solve the questions below? 1) If a $1,000 convertible bond

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