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Business, 16.04.2020 20:51 jjjjjj4999

A company issued a $1,000 convertible corporate bond. Each bond is convertible to 37 shares of the firm’s common stock. (a) What price must the common stock reach before investors would consider converting their bond to common stock?

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A company issued a $1,000 convertible corporate bond. Each bond is convertible to 37 shares of the f...
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