True/false
the conversion price divided into the market value of a convertible bond provides the conversion ratio.

False

Explanation:

The formula to compute the conversion ratio is shown below:

Conversion ratio = Par value of convertible security ÷ conversion price

The conversion ratio is computed by dividing the par value of convertible security or bond by the conversion price. The example is presented below:

Example: The par value is $1,000 and the conversion price is $20, so the conversion ratio is 50

Hence, the given statement is false

i think it is sales-oriented, but i am not sure

answer; is usually (less than) the socially optimal level of consumption;