Question: QUESTION 17 Afirm has convertible bonds with a par value of 51.000. If the bonds can be exchanged for 50 shares of the firm's common

QUESTION 17 Afirm has convertible bonds with a par value of 51.000. If the bonds can be exchanged for 50 shares of the firm's common stock, what is the implied conversion price! 515 50 52000 525 50 540.00 550.00 QUESTION 18 Amerger between two firms in the same general industry but no customer or supplier relationship is called a O horizontal merger o vertical merger congeneric merger O conglomerate merger defensive merger

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